To set your new business on the path to success, you’ll need to create a roadmap, formally known as a business plan. According to a 2021 study from the New England Journal of Entrepreneurship, the act ...

A business plan is a document that will not only keep your company on track with its goals but will also be a vital component to helping potential lenders invest in your business. It's a detailed ...

Writing a thorough business plan is a necessary if tedious part of starting a business. But it’s not just for the startup phase. It’s also a good practice for existing businesses to review their ...

A few basics here are essential. Your plan must include: I recommend starting with sales and marketing. Everything else in ...

This is part 9 / 9 of Write Your Business Plan: Section 4: Marketing Your Business Plan series. Getting to know your customers is one of the most important things an entrepreneur needs to do, and ...

Entrepreneurship is a journey of grit, vision and strategy. While many entrepreneurs focus solely on securing capital, true ...

How does your business work? That’s the question you want to answer for investors — and yourself — in the operations section of your business plan. The basic goal of this section is to provide ...

Modern business develops under conditions of constant uncertainty. Market fluctuations, technological breakthroughs, ...