A business plan can create a roadmap to profitability and business growth, but it's up to you to create a detailed plan.A business plan will help guide your decisions as you start your company, will give you an idea of whether the business is viable, and will help you to qualify for loans or attract investors -- but making a plan isn't as simple as it seems.
A business plan can create a roadmap to profitability and business growth, but it's up to you to create a detailed plan.A business plan will help guide your decisions as you start your company, will give you an idea of whether the business is viable, and will help you to qualify for loans or attract investors -- but making a plan isn't as simple as it seems.
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This article has over 2,111,575 views, and 88% of readers who voted found it helpful.
It also received 78 testimonials from readers, earning it our reader-approved status. Creating a business plan will help you achieve your entrepreneurial goals.
These include: Looking at these resources can help you understand not only what sections should be in your business plan and what information to include, but also the types of language used in these professional documents. But don't let your fear or reluctance to create a plan stop you from moving forward.
Just use these tools to get your plan underway, and you'll be ready to start providing products or services to customers before you know it.
Organizations that can help with your business plan include: You can also hire paid business-plan consultants, although costs vary.
If you go this route, ask for referrals from trusted sources and check reviews of anyone you're considering working with.
A business plan helps you to: You’ll need a business plan if you want to secure investment or a loan from a bank.
Read about the finance options available for businesses on the Business Finance Guide website.
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