Business plans are important and essential to your business’s well-being. Living documents, business plans are designed to be a planning tool for your business, as well as a professional, informative document to present to potential lenders. Once written, they should not be buried among your books and other documents. Business plans are meant to be used. They should be revised as you revise your ideas, plans, and goals.
What is a Business Plan?
Why Do You Need a Business Plan?
There are steps to the business planning process that can ease the headache of this sometimes daunting task.
- Brainstorming – What is your business idea?
- Information gathering – Check out our free template
Resources:
Berry, Tim. “The Plan-As-You-Go Business Plan,” Entrepreneur Media Inc. (2008).
Pinson, Linda. “Anatomy of a Business Plan: The Step-by-Step Guide to Building Your Business and Securing Your Company’s Future,” 7th Edition. Out of Your Mind . .. and Into the Marketplace, California (2008).
Tiffany, Paul and Peterson, Steven, “Business Plans for Dummies,” 2nd Edition, Wiley Publishing, Inc., New Jersey (2005).