A business plan will help guide you through the different stages of starting or even managing your business. Think of it as a roadmap for structuring, running, and growing your business.
If you’re looking to start or expand your business by searching for outside capital, many investors require having a business plan presented for their decisions.
But don’t worry – you can find many business plan templates online to start. You can find a free Business Growth Plan HERE.
If you need further direction – we’ve provided 8 easy steps to creating a business plan perfect for 2022.
1. Executive Summary
An executive summary is basically a one-page synopsis of your mission, your vision, and your overall purpose. You’ll want to mention the name, nature, and basic details of your business. Discuss overall market, competition, and strategy. Will you need investments? Forecasting? Provide an overview highlight or operations.
2. Target Market
Who are your products or services intended for? One of the best ways to find out all this information is to send out a survey to gather demographics, interests, budgets, and anything else you’d like to know about your target audience.