ways you can use your business plan, and best practices to write your business plan. The primary value of your business plan is to create a written resource that evaluates all aspects of your new ...

The primary value of your business plan is to create a written resource that evaluates most aspects of your new business including a description of your target customers and markets, profitability, ...

Do you hate thinking about writing a 20- or 30-page business plan? I don’t blame you. Writing a formal business plan can consume days, or even weeks. One entrepreneur I met said that she’d ...

You are writing a business plan, not a white paper or peer-reviewed journal article. Whereas you want to generate interest in, and support for, your work, the readers of this business plan are ...

This section is a summary of your entire business plan. Therefore, it’s a good idea to write it at the end of your plan, not the beginning. Just as with the overall business plan, the executive ...

Although a business plan might not be mandatory for securing all types of loans, crafting one can significantly improve your chances of obtaining financing. Many lenders will require you to write ...

A written document describing the nature of the business, the sales and marketing strategy, and the financial background, and containing a projected profit and loss statement A business plan is ...