Isn’t it so, that for most things in life you need a plan? So, naturally it is essential to have a business plan, when you want to start your own business. No matter the size of the business you have in mind, you have to sit down and work out a plan for where you are coming from, where you are going and where your business will be in 5 years.
It might not be the first thing you think of, when starting your business – but down the line the time invested into creating a business plan will be well spent. You are much more likely to succeed, if others need to invest time or money in your business, when you have your entire plan in writing.
There are hundreds of ways to make a business plan. We have worked out an 8-step business plan guide for you which contains the key elements. For each of the 8 steps in the business plan template we have listed the most important questions you need to address in your business plan. When you have your business plan and later your SWOT analysis you are ready to move forward.