How to Write an Effective Business Plan

A good business plan is an invaluable tool for any business owner, whether you are just starting your new enterprise, expanding or changing strategic direction. Not only does it provide potential creditors, investors and business partners with essential information about your business, but it also provides you, the entrepreneur, with a clear “roadmap” to follow and a tool to measure your performance. This guide is an outline of the basic business plan for a small business.

Also check out the Business Plan Checklist.

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