Ask financial advisors if business planning is important, and most will say, “yes, of course.” Then ask if they have a business plan. If they do, ask whether they refer to it frequently and use it to ...

Your business plan is your roadmap to success, according to the U.S. Small Business Administration. This three-to-five year planning document lays out all the parts of your business needs so your ...

Writing a business plan can be an intimidating step when launching a business. Setting manageable goals with deadlines and seeking guidance from trusted resources will help make the process easier and ...

If you’re looking for funding for a new or existing business, you need a business plan. Your business plan gives lenders and investors the information they need to determine whether or not they should ...

Creating a budget for your business may seem daunting. However, it’s a crucial first step in any successful business financial plan. While a business budget can take multiple forms, it should outline ...

Last week, I discussed the components of a strong business plan and why entrepreneurs should create them, regardless of their venture. I’ve had experience both developing business plans and reviewing ...

Traditional business plans are more like a list of desires. Little emphasis is placed on what you can actually control. These plans are filled out in the fourth quarter of the year and possibly ...

Long-term strategic business planning is necessary for company growth and success, explains Entrepreneur magazine. Business plans provide companies with the tools to track growth, establish a budget ...

Have you ever completed a business plan and then stuck it in a drawer and forgotten about it? Does your firm make you fill out business planning templates that are based on their needs instead of your ...

Writing a business plan is one of the important steps an entrepreneur needs to take before launching a new business. There is no shortage of people who feel that writing a business plan is an ...

Your business budget template can act as a business health scorecard if you set it up properly. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

Boost efficiency and accuracy in logistics, data analysis, forecasting, and more Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, ...