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Business plans


Often the first act of entrepreneurship is formalizing a business plan for a prospective company. Business plans, which serve as something of a roadmap for how a founder will turn an idea into a full-fledged business, typically include information like an executive summary, a market analysis and financial projections.

Business plans can be vital for entrepreneurs and business owners interested in lining up a bank loan or attracting other stakeholders such as investors. And though a plan may change over time, entrepreneurs and owners often say the process of mapping out how a company will operate and who its customers will be is invaluable.

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News and Articles About Business plans

When One Business Plan Isn't Enough

Tailoring your plan for different audiences can be as easy as emphasizing different points.
April 24, 2007 in Your Business Plan

Nervous About Writing Your Business Plan?

If the thought of putting pen to paper makes your knees weak, know that your plan is less about perfect prose and more about the bottom line.
February 6, 2007 in Your Business Plan

Putting Share Ownership in a Business Plan

Understanding the fundamentals of share ownership and the importance of including the details in your business plan.
December 14, 2006 in Your Business Plan

Are You Keeping to Your Business Plan?

Learn from one entrepreneur's story of how not sticking to an important part of his startup plan landed him in a sticky situation.
November 1, 2006 in Your Business Plan

Why You Need a Business Plan

Just because you think you know where you want to take your business, it doesn't mean you shouldn't put it down in writing.
August 1, 2006 in Your Business Plan

Updating Your Business Plan

Our coach explains why constantly updating your business plan is the key to growing successfully.
June 12, 2006 in Your Business Plan

Hiring Outside Help for Your Business Plan

The good, bad and ugly of hiring business-plan consultants
May 1, 2006 in Your Business Plan

Should I Take My Business Plan Online?

Posting your plan online is easy and safe--as long as you know what to expect.
April 10, 2006 in Your Business Plan

15 Reasons You Need a Business Plan

Whether you're just starting out, growing your business or seeking outside help, a well-thought-out business plan is the vehicle you need to get you there.
March 13, 2006 in Your Business Plan

Business Plan Updating Checklist

Here are seven reasons to think about updating your plan. If one applies to you, it's time for an update.
December 20, 2005 in Checklists

SCORE's Top Business Planning Tips

Before you write or update your business plan, consult these tips.
December 6, 2005 in Your Business Plan

Top 10 Business Plan Mistakes

When it comes to creating a business plan that attracts investors, these tips will help you get it right the first time.
November 28, 2005 in Your Business Plan

Enlightening Extras for Business Plans

What exactly should you put in your business plan's appendices? Here are some ideas that'll enlighten your readers.
September 27, 2005 in Your Business Plan

Crafting a Business Plan for Your e-Business

Need a customized blueprint for a successful online business? We'll show you how to write a business plan to fast-track your profits.
September 21, 2005 in Building a Website

Writing the Franchise Business Plan

The 5 main elements every franchise business plan should have

The Numbers in Your Business Plan

Do words like "cash flow," "balance sheet" and "sales forecast" make you cringe? Our business plan coach walks you through the figures you need to make your business plan count.
August 1, 2005 in Your Business Plan

A Simple Plan

It's a biz plan, not a doctoral thesis! Find out why an elaborate plan can weigh you down -- and how to keep it simple.
July 16, 2005 in Your Business Plan

Conducting a Market Analysis for Your Business Plan

One of the most critical sections of your business plan is your market analysis. Find out just what information you need to know about your potential customers.
June 13, 2005 in Your Business Plan

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