Every business needs a business plan. This document, whether twenty pages or seventy pages long is the single most important document for any business. It describes in detail what the business is about, how it plans to meet certain goals, outlines competitors as well as showing historical and future financial data.
Essential Elements of a Good Business Plan
A business plan should never be considered a document that never needs revisions. Any business will evolve over time and be influenced by many outside conditions. Your clients should always keep a current plan on hand. A summary description follows along with detailed information on every section. (more…)