The business plan is the most important document you need. It helps you to think through your business idea before you actually start your business. Once you’ve started your business, it helps you to evaluate your progress against your business goals. And when it’s time to obtain additional financing, the business plan will show your banker how you will be able to pay back the loan.
Remember, your business plan is a living document. It should be reviewed at least once every year to ensure it reflects your current situation and your future goals.
Here are the seven key sections in a typical business plan.
Samples of Business Plans