Business Plan

An essential tool for developing your business and convincing investors


"The seeds of every company's demise are contained in its business plan."

– Fred Adler



10 Commandments for Building a Growing Business

Failing to Plan is Planning to Fail. Prepare and work from a written plan that delineates who in the total organization is to do what, by when. Use your business plan as a budget. If you cannot stick to that budget, your business plan is too ambitious... More




Business plans are an important test of clarity of thinking and clarity of the the business. It is important that everyone involved in your effort has a clear understanding of your objectives. A good plan achieves that.

Anticipating the next stage of business growth, and planning for it, can help to minimize the surprises your business will face. "Surprises can be great for birthdays, but potentially fatal for businesses."

Business plan is typically designed for either or both of the following purposes:

To establish a framework for management to use as they pursue the enterprise objectives

To convince an investor that a capital investment in the enterprise's business is a sound financial decision

Help tools for preparation of different types of business plans are provided below. If you prepare a business plan for venture capital investors, it is important to understand how investors read a business plan and how they evaluate it.