A business plan document is the work product of a thorough planning process in which the company creates the step-by-step blueprint for starting or expanding the business. The management team refers ...

A great business plan is a living, breathing blueprint for your business that can help you navigate and manage your company while also helping potential investors, partners, lenders, and others ...

When the topic of business plans comes up, it tends to polarize people into two separate camps: those that think business plans are worth the effort to put together and those that think that unless ...

Business plans help provide the budding entrepreneur with direction and motivation for their business pursuits. Whether starting a home-based business or opening up a franchise, business plans ...

First and foremost, a business plan helps to gain clarity about your own company and business model. It also serves as a basis for getting potential investors interested in your business idea. In the ...

Regardless of whether you’re looking to start, grow or sell a business in 2018, don’t use a business plan template. Your plan should reflect your unique focus. The best business plans, according to ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Writing a business plan not only helps you stay on track as ...