Lenders will assess your plan against the “five Cs” of small business credit: character, capacity, capital, conditions, and collateral. Why Do I Need a Business Plan? There are many reasons ...

The primary value of your business plan is to create a written resource that evaluates most aspects of your new business including a description of your target customers and markets, profitability, ...

Do you have to pay for a business plan? Aside from that, you'll have to pay for a professional plan, and $100 will not suffice. If you truly require a business plan, set aside at least $50 per hour ...

Do you hate thinking about writing a 20- or 30-page business plan? I don’t blame you. Writing a formal business plan can consume days, or even weeks. One entrepreneur I met said that she’d ...

You must be involved in the plan's development if you are to be held accountable for the decisions that will be made based on it. Do you have to pay for a business plan? Aside from that, you'll have ...

offer an employer-sponsored retirement plan, or apply for federal business licenses and permits. You can get one online from the Internal Revenue Service (IRS). State websites will do the same for ...

In this article, we’ll share the most important elements of creating a successful business plan, such as what to include, how long it should be and what you can do next. We’ve also included a free ...