If you're looking for more resources to help you get started, this guide on how to write a business plan is a good place to start.
You can also download our free business plan template, or get started right away with Live Plan.
It should also make it easier to share your vision and strategy so everyone on your team is on the same page.
Keep in mind that businesses that use their plan as a management tool to help run their business grow 30 percent faster than those businesses that don't.
Bplans offers more than 500 free sample business plans in a wide variety of industries.
If you're looking for a tool to walk you through writing your own business plan step by step, we recommend Live Plan, especially if you're seeking a bank loan or outside investment and need to use an SBA-approved format.
This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness.
Together, they cited information from 16 references.
It can also help persuade others, including banks, to invest in what you are creating. List whether you have sales reps, your availability for outreach on demand, and your source of mobility.
Specify the product, source of it, and people in need of the product.