A business plan is a written document that describes a business, its objectives, its strategies, the market it is in and its financial forecasts.
It has many functions, from securing external funding to measuring success within your business.
Good business planning helps you find success, track what’s happening in your business, and adjust course as necessary. Noah is currently the COO at Palo Alto Software, makers of Outpost and the online business plan app Live Plan, and content curator and creator of the Emergent Newsletter.
We understand that writing a business plan can be a daunting experience.
We have plenty of in-depth articles here on Bplans about business planning, for example: why you should plan, what kind of plan you need, and how to prepare a formal business plan document.
But, what we’ve been missing, until now, is a simple step-by-step summary of the business planning process to get you going and give you an overview of the core steps you need to take to ensure you are taking advantage of everything a good planning process has to offer.
Business planning is simple and so worthwhile that a straight-forward guide was in order to help you through the basics.
So, instead of a several-thousand word article on the topic, here’s a simple checklist you can follow to kick start your planning process: Now STOP.
We’ve created a process that is easy to start AND finish.
Start Writing We’ve simplified our business plan writer to the bare minimum to start.