There are two main types of business plans: the more common traditional business plan and the less common lean startup business plan. A traditional business plan is best for gaining funding and ...

A solid, well-crafted business plan is essential to the success of every small business. You’ll be asked to provide a copy of your business plan when meeting with investors, asking for a bank loan or ...

Whether you’re a seasoned business owner or a new entrepreneur, a business plan is crucial to the success and growth of your business, but it can feel like an overwhelming task. A business plan should ...

The purpose of an executive summary Common mistakes to avoid The first part of your plan that anybody will see, after the title page and table of contents, is the executive summary. This could be ...

Opinions expressed by Entrepreneur contributors are their own. Writing a business plan is like the architectural plan for a home or a brick-and-mortar building. You need to know what materials you ...

Every business starts with a vision, which is distilled and communicated through a business plan. In addition to your high-level hopes and dreams, a strong business plan outlines short-term and ...

President Dwight D. Eisenhower once said, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” If you’re starting a business, you should have a business ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

Just like you shouldn’t head down a trail without a map, you shouldn’t launch a new startup without a solid business plan. This document can help guide strategy and keep your company moving in the ...