You'll use a business plan to sell your business to investors, qualify your business with for a loan with lenders, and more. Having a solid plan is always useful and can also help keep your actions as ...

A good business plan fairly identifies employee strengths and weaknesses. For example, your management team may be heavily engineer-oriented but lack marketing experience.

Here are my favorite resources that showcase really good business plans. 1. Bplans At Bplans, you’ll find more than 500 business-plan samples tailored to specific industries, including: Online ...

Example of a Business Contingency Plan. Starting and running a small business is an inherently risky practice because there is no guarantee that a new venture will attain profitability.

A business plan may not be a prerequisite for every type of business, but there are few businesses that wouldn’t benefit from one. It can serve as an important strategic tool and help crystalize ...

A business plan is a document that explains what a company’s objectives are and how it will achieve them. It can address marketing, financial, and operational objectives.

A business plan explains what your business does now and where you hope to be in three to five years. You may need one to apply for a business loan.

The Competitive Analysis section of your business plan is devoted to analyzing your competition–both your current competition and potential competitors who might enter your market. Every ...

For example, if you are wanting to start an eCommerce business and you have money but no time, you may be able to hire someone to help you build a website or ship your products.

Your business plan should be clear and provide a roadmap for your company. Without a plan, you’ll find it more difficult to communicate your vision and see a path to growth. Here are five other ...