WHAT IS A BUSINESS PLAN:
A business plan is a document that outlines your business idea, your objectives and how you plan to achieve them. It will serve as a guide during the lifetime of your business.
Why Do I Need A Business Plan?
A business plan has many functions:
- It assesses an idea and its viability
- It is a communication tool for use with clients, advisers, banks, ETC.
- It is a checklist, a planning tool for the future
- It provides a step by step approach towards reaching a decision
- It is a working manual for you the entrepreneur
One of the most important things you will do is develop your business plan.
Download a template business plan to guide you through the process.