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Write A Winning Business Plan
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Article
1: How A Plan Helps Your Business
A business plan is
like a road map that stretches into the future
of your business. It points you in the
direction of success. It also alerts you to
obstacles and shows you how to navigate around
them. A realistic business plan gives you a
clear vision of your business—one year from
now, five years, 10 years.
Creating
a business plan gets you thinking about what
you want from your enterprise. You’ll need
to answer tough questions, like:
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What kind of lifestyle do you want for
yourself?
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How many hours a week do you want to
work?
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How large do you want your business
to be?
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How much money do you want to make?
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When do you want to retire?
You’ll need to answer these questions—and more like
them—honestly and realistically. And
you’ll need to review your plan every couple
of years. Business changes. Life changes. So
some of your original questions and answers
will change, too.
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