Doing some pre-startup homework and crafting a business plan now will make your life post-startup so much easier. The real reasons to write a business plan have nothing to do with other people: They have to do with you.
What's striking about the history of business plans is how little has changed. Sure, the medium we use has changed over the centuries, but the end result – having a written plan that demonstrates to the business owner and possible investors how to make a profit – has remained consistent.
These tools can be your first step towards small business success. Find business planning, finance, sales, marketing and management templates & guides. Read more
Creating a new business can be a tough journey. Doing so while working full-time may seem tougher, but this route actually offers several benefits. You can continue earning money to put towards your startup. But even if you only work an hour a week building your company, you still need a business plan.