Writing Your Business Plan (Traditional or Online Business)
By Robert Thibodeau How To Write A Business Plan In my previous article, I talked about how you can plan your business startup . I defined a business plan as a written description of the future of your business . This is a document that indicates what you intend to do and how you intend to do it. I further explained that if all you have is a paragraph on the back of an envelope describing your business strategy , you have written a plan , or at least the beginning of a plan . I also said that a business plan consists of a narrative and several financial worksheets . I mentioned that the 'writing of a business plan ' as one of the pivotal steps involved in setting up a successful business . By now you should understand the need for writing a business plan . Writing a business plan , for a traditional brick and mortar business , will probably take a lot of time. It may take up to 100 hours or even more. For obvious reasons, a new business needs to carry out a l