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

Measure Your Business Plan Results

No plan is ever right on, but having no plan is never right. Here's how to analyze the actual results compared to the plan.

4 Big Fat Business Plan Lies

Get past these 4 myths and learn what a business plan is at its simplest.

Do You Really Need a Business Plan?

The experts aren't so sure--but entrepreneurs like the founders of Roaring lion energy drink say it's a must. here's how to know if writing a business plan is for you.

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Get Back to Business Planning Fundamentals

In a recession, it's important to know what adjustments to make to your business plan. Here are three fundamentals to remember.

It's Time to Rethink the Business Plan Outline

Use these tips as a guide to help you make the most of your time when creating a business plan.

Use Your Leadership Style to Make Your Best Business Plan Yet

Find out what kind of a thinker--and business owner--you are by asking these strategic questions.

The Plan-as-You-Go Business Plan

This year, consider a new approach that could change how you plan--and manage--your business.

When One Business Plan Isn't Enough

Tailoring your plan for different audiences can be as easy as emphasizing different points.

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.

Putting Share Ownership in a Business Plan

Understanding the fundamentals of share ownership and the importance of including the details 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.

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