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A business plan is a document that summarizes the operational and financial objectives of a business and contains the detailed plans and budgets showing how the objectives are to be realized. It is the road map to the success of your business. For anyone starting a business, it's a vital first step.
Your business plan is your compass. It will help you map out a new course, and navigate through unchartered territory. Whether you're writing a business plan for the first time or the fifth time, it doesn't have to be hard. In fact, if you write a lean plan or a one-page pitch first, you may find you actually enjoy it.f you're ready to write your business plan, follow our step-by-step guide on writing a detailed plan document or take a look at at the business plan outline to get started quickly.