7 Steps to Creating a Business Plan

To give your business the best possible chance of success, you need a business plan. Whether you’ve been in business for a while or you are in the planning stages for your new business, a business plan is key.

A good business plan lets you measure your achievements, attract investors, secure financing, and serves as a roadmap for your business success.

There are many templates available to help you, but generally, you want to answer what, why, who, how, and when. To help you think about creating this very important document, check out the points in this infographic. In addition, we’ve listed a number of online resources you may find helpful.

7 steps to writing a business plan

 

Resources:
• SBA’s online course learning – How to Write a Business Plan
https://www.sba.gov/tools/learning-center-view-course/363951
• HubSpot provides a step-by-step example
https://blog.hubspot.com/marketing/how-to-write-a-business-plan
• SCORE mentors offer multiple business plan resources
https://www.score.org/business-plan-resources
• SCORE mentors recorded webinar on the elements of a nimble business plan
https://www.score.org/event/elements-nimble-business-plan

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