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   Why do you need a business plan?

   • You’ll use your business plan as a roadmap for how to structure, run, and grow your new business. It’s a way to think through the key elements of your business. Business plans can help you get funding or bring on new business partners. Investors want to feel confident they’ll see a return on their investment.

   Write your business plan | U.S. Small Business Administration

   www.sba.gov/business-guide/plan-your-business/write-your-business-plan

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   What should be included in a business plan?

   • Common items to include are credit histories, resumes, product pictures, letters of reference, licenses, permits, patents, legal documents, and other contracts. Before you write your business plan, read the following example business plans written by fictional business owners. Rebecca owns a consulting firm, and Andrew owns a toy company.

   Write your business plan | U.S. Small Business Administration

   www.sba.gov/business-guide/plan-your-business/write-your-business-plan

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   What is a business plan?

   • A business plan is a document describing a company's business activities and how it plans to achieve its goals. Startup companies use business plans to get off the ground and attract outside investors.

   Business Plan: What It Is, What's Included, and How to Write One

   www.investopedia.com/terms/b/business-plan.asp

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   What makes a good business plan?

   • In addition to your high-level hopes and dreams, a strong business plan outlines short-term and long-term goals, budget and whatever else you might need to get started. In this guide, we’ll walk you through how to write a business plan that you can stick to and help guide your operations as you get started.

   How To Write A Business Plan (2024 Guide) – Forbes Advisor

   www.forbes.com/advisor/business/how-to-write-a-business-plan/

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   Why do startups need a business plan?

   • Business plans can be of benefit to both startups and well-established companies. For startups, a business plan can be essential for winning over potential lenders and investors. Established businesses can find one useful for staying on track and not losing sight of their goals.

   Business Plan: What It Is, What's Included, and How to Write One

   www.investopedia.com/terms/b/business-plan.asp

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   Why should you use a business plan as a management tool?

   • One of the biggest benefits of planning is that it gives you a tool to manage your business better. With a revenue forecast, expense budget, and projected cash flow, you know your targets and where you are headed. And yet, nothing ever goes exactly as planned – it’s the nature of business. That’s where using your plan as a management tool comes in.

   How to Write a Business Plan: Guide + Examples | Bplans

   www.bplans.com/business-planning/how-to-write/

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2. www.investopedia.com › terms › bBusiness Plan: What It Is, What's Included, and How to Write One

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   Jan 25, 2024 · A business plan is a document that details a company's goals and how it plans to achieve them. Business plans are valuable to both startup and established...

3. wisebusinessplans.com › what-is-a-business-planWhat is a business plan? Definition, Purpose, & Types

   wisebusinessplans.com › what-is-a-business-plan

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   Feb 1, 2024 · A business plan is a roadmap for your business that outlines your goals, strategies, and financial projections. Learn the purposes, components, and types of business plans, and how to create one for your business success.

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5. www.forbes.com › how-to-write-a-business-planHow To Write A Business Plan (2024 Guide) – Forbes Advisor

   www.forbes.com › how-to-write-a-business-plan

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   Apr 17, 2024 · Learn how to write a business plan that outlines your vision, goals, products, market research and financial plans. A business plan helps you communicate your business to investors and guide your operations.

   • When you’re working on a business plan, make sure you have as much information as possible so that you can simplify it to the most relevant informa...
   • The most common mistakes in a business plan are common writing issues like grammar errors or misspellings. It’s important to be clear in your sente...
   • When writing out a business plan, you want to make sure that you cover everything related to your concept for the business, an analysis of the indu...

6. blog.hubspot.com › marketing › what-is-business-planWhat is a Business Plan? Definition, Tips, and Templates

   blog.hubspot.com › marketing › what-is-business-plan

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   Jun 7, 2023 · A business plan is a documented strategy for a business that highlights its goals and its plans for achieving them. It outlines a company's go-to-market plan, financial projections, market research, business purpose, and mission statement.

   • Author: AJ Beltis

7. www.sba.gov › business-guide › plan-your-businessWrite your business plan | U.S. Small Business Administration

   www.sba.gov › business-guide › plan-your-business

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   Apr 8, 2024 · Your business plan is the foundation of your business. Learn how to write a business plan quickly and efficiently with a business plan template.

8. www.bplans.com › business-planning › how-to-writeHow to Write a Business Plan: Guide + Examples | Bplans

   www.bplans.com › business-planning › how-to-write

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   May 7, 2024 · Learn how to write a business plan that impresses investors and helps you grow your business. This step-by-step guide covers the basics of business planning, from products and services to financial forecasts.

9. www.nerdwallet.com › small-business › business-planBusiness Plan: What it Is, How to Write One - NerdWallet

   www.nerdwallet.com › small-business › business-plan

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   Jun 18, 2024 · A business plan outlines your business’s financial goals and explains how you’ll achieve them over the next three to five years. Here’s a step-by-step guide to writing a business plan...