A business plan is as important to a new business as a map is to a ship, or blueprints are to an architect. A written business plan will guide your actions and keep you focused on your short- and long-term goals.
Your business plan puts your aspirations into words (and charts), demonstrating to partners, investors and lenders why your venture can and will be a success. It details the path from your business today to your business three to five years down the road.
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Whether it’s a traditional plan or a lean startup document, your business plan should cover everything someone would want to know about your business.
