Business Plans
By: A Staff Writer
Updated on: Sep 12, 2024
Map Your Success
A business plan isn’t just for funding… it’s the roadmap to making your dream real.
- The Big Picture: Define your vision, niche, and long-term goals.
- Market Matters: Know your competitors, target audience, and opportunities.
- Money Moves: Detail how revenue will flow, what you need to invest.
- Operational Reality: Outline staff needs, production, logistics… the nitty-gritty stuff.
- SWOT Check: Be honest about Strengths, Weaknesses, Opportunities, Threats.
- The Living Document: Revisit, revise, use this plan to make decisions all year long.
A well-crafted business plan boosts clarity, focus, AND your chance of landing funding.