Www.Business Plan

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But, you don't need an exact match for it to be helpful.Instead, look for a plan that's related to the type of business you're starting.

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Related: 7 Steps to a Perfectly Written Business Plan You can visit our small business encyclopedia to learn more about business plans or our Form Net area to get the necessary forms to get started.

Video: What Investors Really Think About Your Business Plan.

It should also make it easier to share your vision and strategy so everyone on your team is on the same page.

Keep in mind that businesses that use their plan as a management tool to help run their business grow 30 percent faster than those businesses that don't.

A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it.

If you jot down a paragraph on the back of an envelope describing your business strategy, you've written a plan, or at least the germ of one. You start here, today, with certain resources and abilities.

At our Entrepreneur magazine Roundtable, financial pros offer tough talk about the business plans of first-time entrepreneurs: Related: What Investors Really Think About Your Business Plan Video: How Can I Hire Someone to Help Write My Business Plan?

This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness.

Bplans offers more than 500 free sample business plans in a wide variety of industries.

If you're looking for a tool to walk you through writing your own business plan step by step, we recommend Live Plan, especially if you're seeking a bank loan or outside investment and need to use an SBA-approved format.

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