Writing a business plan for a home based business is every bit as important as writing a business plan for a conventional outside the home business. The lack of a concrete plan can be linked to many businesses failing before they realize their goals.

There are numerous software programs available online for creating business plans or you may want to consult an attorney or accountant. However, if you intend on doing it yourself there are some general guidelines for you to follow.

So Just What is a Business Plan?

A business plan is a document that you create to determine what type of business you intend to run and how it will become profitable. You can think of it as a recipe to ensure your profitability. A business plan should be a list of strategies (ingredients) you use to become a successful home business owner.

Writing out your Business Plan.

Get yourself a loose-leaf binder or notebook, a pencil, and get to work. You will find that you will be writing and erasing a lot of information as you start to think about your business plan. The actual number of pages is up to you, but you want to be as thorough as possible when writing your plan. Most business plans run anywhere between 15-20 pages. Remember this is your business and you want to make it successful, so keep writing until you get tired, and then write another page! You don