When you're contemplating starting your own company, crafting a detailed financial document that outlines your strategy and long-term goals may not be at the top of your priority list, but it should ...

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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 ...

Forbes contributors publish independent expert analyses and insights. I write about small business lending, fintech, and economic growth. A well-written business plan helps business owners get their ...

Find out what you must do before starting a business, from writing a business plan to getting the proper insurance.

A business plan is a concept that many startups think is either unnecessary or just a nice-to-have. It's often seen as an annoying extra bit of admin that's simply keeping you away from the fun of ...

It’s drilled into the head of every business school graduate and entrepreneur: Write your own business plan. Academia pushes it on students. VCs, banks and more expect it. Often, investors won’t touch ...

Choose between a detailed traditional business plan or a lean startup version that prioritizes flexibility. A strong business ...

At the foundation of every strong business is a solid business plan. A business plan outlines important information regarding a company's operations and goals and serves as a blueprint for achieving ...

Writing a business plan for a catering business shouldn't be that difficult; much of your plan will cover the basics of starting any small business, and you can find templates online to get you ...

Unless you plan to seek financing from a bank or private investors, your bakery business plan as a finished product is actually less important than the process of writing it. Writing the plan forces ...