How to Write a Business Plan

How to write a Business Plan A business plan is a document that outlines your business’s financial goals and explains how you’ll achieve them. A strong, detailed plan will provide a road map for the business’s success! Nearly 70% of successful business owners recommend writing a business plan before you start a business, and yet, more than 10% of prospective business owners said they do not intend to write a business plan. Another 10% aren’t sure if they need a plan at all. It’s more than the old cliché: A failure to plan is a plan to fail. In fact, a wealth of data now exists on the difference a written business plan makes, especially for small or growing companies. When done right, business plans have enormous payoffs. Let me show you how!!!

1.  Write an executive summary                             5. Do your market research
   

2.  Describe your company                                  6. Outline your marketing & sales plan
   

3.  State your business goals                              7. Perform a business financial plan
   

4.  Describe your products and services                    8. Make financial projections