Are you thinking of starting a business? An important step to take is writing your business plan, which can help you stay on track with your goals.

Creating a business plan helps you clarify your vision and communicate key information to potential investors and lenders. Learn how to write a business plan in our guide.

Every business owner can benefit from writing a business plan, including those in the early stages of launching a business. A well-crafted business plan communicates the business’s strategy for growth ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

Important Disclosure: The content provided does not consider your particular circumstances and does not constitute personal advice. Some of the products promoted are from our affiliate partners from ...

Although some small businesses manage to grow successfully without a formal business plan, creating a business plan for the short term serves two valuable purposes. The first is internal: A three-year ...

Write a description of your bakery. This will be the "Company Overview" of your business plan. Include details about how you started it or plan to start it. For example, perhaps you started baking ...

A business plan can help you obtain financing by highlighting the characteristics lenders use to assess borrowers. Many, or all, of the products featured on this page are from our advertising partners ...

Lorin Cohen describes what you need to include in your business plan to ensure that it is an effective tool for fundraising. You have full access to this article via ...

Forbes contributors publish independent expert analyses and insights. It seems as if every foundation and successful entrepreneur who wants to “give back” gives money to some event or organization ...