Think a business plan is just paperwork? Think again. It’s essential for making a success of a venture. 70% of businesses that survive beyond 5 years follow a strategic plan. Aspiring entrepreneurs ...

Planning for an ownership transition should be a standard part of every owner’s business plan, no matter the stage of your ...

Choose between a detailed traditional business plan or a lean startup version that prioritizes flexibility. A strong business ...

Joseph is Director at Wise Business Plans, a firm helping clients with professionally written business plans, branding, licensing and more. To someone who’s never done it before, crafting a business ...

Explore the intricacies of crafting a small business financial plan, from setting clear objectives and forecasting revenue to ...

Business plans are detailed written overviews that outline the ways in which a business will ideally be operated. Comprehensive plans include market research, competition analysis, strategic marketing ...

Opinions expressed by Entrepreneur contributors are their own. President Dwight D. Eisenhower once said, “In preparing for battle I have always found that plans are useless, but planning is ...

Long-term strategic business planning is necessary for company growth and success, explains Entrepreneur magazine. Business plans provide companies with the tools to track growth, establish a budget ...

Starting your own business is so stressful, with so many things to be done, that it’s easy to convince yourself that doing the bare minimum for a business plan is enough. There are a ton of business ...

A written document describing the nature of the business, the sales and marketing strategy, and the financial background, and containing a projected profit and loss statement A business plan is also a ...