Business Plan Basics #2

A business plan serves as your personal playbook for your own business. This written document serves to identify your goals and lay out your method of attack for achieving each one. Writing a business plan is essential to the success of any size of business, from major corporation to budding entrepreneurship. Many successful businessmen and women can relate first hand to the importance and necessity of developing and writing this essential document. Regardless of your level of expertise in the realm of business, do not be tempted to skip this important step in the development process. You would not think of beginning a road trip without a map, so why leap into a business without a proper plan?

The old adage states: