A business plan is a written document that contains:
- the goals of a business,
- the methods and time frame for achieving those goals,
- the business’ structure,
- the people involved,
- the financial projections (investments, costs, revenue),
- marketing strategies etc.
It can be seen as a road map not only for potential investors, banks etc. but also for the entrepreneurs themselves.
Let’s see what action you can use at this tool.