Business Studies Business Plan

And let's not forget about all-in-one online tools like the SBA Business Plan Tool and services like Rocket Lawyer that take away a lot of the time required to format and organize your business plan.As you get started with your small business plan, explore these additional business planning tools to see how you can streamline the process even further.A business plan is one of several important plans you should have when you are starting a business, the others being a marketing plan and a financial plan.

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There are actually many types of business plans, including start-up plans, internal planning documents, strategic plans, operations plans, and business plans created to focus on growth.

Each of these types of business plans have different objectives, but all of these versions generally fall into one of two primary formats — a traditional business plan (also called formal or structured) or a simplified business plan (often called a lean or one-page business plan).

For business planning counseling, you can contact SCORE Chicago or a Small Business Development Center.

With more than 100 counselors, you have access to experts in many skill areas and numerous industries.

If you are thinking about starting a small business, you most likely already know what a business plan is and have heard that you need one.

But do you truly understand the purpose of a business plan?The good news is that not every business needs a traditional business plan.That brings us to the second business plan format — the simple or one-page business plan.There are templates available, including a simple business plan template and a traditional business plan template.There are also many business plan tutorials available, including video business planning tutorials.One mistake many small business owners make is creating a business plan because they are told they need one, and then completely forgetting about it.Once you have business plan created, consider it an internal tool you use on an ongoing basis in your business, updating it as necessary so it remains current.But the common thread for all businesses is that a business plan is necessary.After all, how can you get your business launched and thriving without any type of written plan to help you?The guides and courses below can help you with this process.If you would like to work with an expert, feel free to reach out to any of the agencies below.

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