Writing a business plan, helps you to take an objective, critical, unemotional look at the business project in its entirety.
The business plan is an operating tool, to help you manage the business and work toward its success.
The business plan clearly communicates your ideas to others and provides the basis for a financial proposal.
You must have a written business plan if you will be applying for commercial financing.
Sample Business Plans from Mi-SBTDC Completed business plans are provided for your use, to assist you in the wording of your own plan and to show you how other entrepreneurs have compiled their information. Depending on your industry and your product/service mix, these plans can provide insight into effective ways to approach your prospective customers.