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Should You Have a Business Plan?

What is a business plan?

A business plan is a document setting out a business's future objectives and strategies for achieving them. So basically your goals for your business written down with a way to, and time frame to achieve.

Do you even need one?

In my opinion, you do. Are they as important as they were 10-15 years ago? Maybe not, but to some, they are just as important as the business themselves. See, a goal is nothing but a dream unless you put specific plans and steps in action to achieve your goal. A business plan helps you physically see your business goals and see each step you'll need to take to make those goals a reality.

What should be on your business plan? (Not in order)

-mission statement

-industry analysis

-marketing plans

-financial needs


-Business name

-keys to success

-market analysis


-financial goals


-business description

Let's put it all together!

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