In this post, we’ll cover everything you need to write a successful business plan, step-by-step, and turn your idea into a reality. In fact, a wealth of data now exists on the difference a written business plan makes, especially for small or growing companies.
It’s more than the old cliche: A failure to plan is a plan to fail. Another 10% aren’t sure if they need a plan.
After all, when done right, business plans have enormous payoffs.Īnd yet, more than 10% of prospective business owners said they do not intend to write a business plan. Amidst the rush of to-do lists and meetings, determining how to write a business plan-much less following a business plan template-often feels time-consuming and intimidating.īut nearly 70% of business owners who have been there and done that recommend writing a business plan before you start a business, according to a recent QuickBooks survey. Whether you’re a seasoned business owner or just beginning to think about starting a business, demands come at you fast.
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