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 ...

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 ...

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 ...

The responsibilities of owning and operating a small business can be overwhelming at times. Every decision – from choosing printer paper to putting together a budget, creating a business plan, and ...

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 ...