This post was originally published on On Deck
Starting a new business is exciting. It comes with the freedom and flexibility to make decisions that impact not only your business, but also your financial well-being. While it can be an extremely rewarding experience, it can also feel completely overwhelming. So where should you invest your time to ensure your business’s success?
A good place to start is writing a business plan. Crafting a solid business plan doesn’t have to be complex or intimidating, but it is an essential first step to ensure you have a strategic foundation for future success. And it can be used to help secure a startup loan or whatever funds you need to turn your vision into a reality.
In fact, the best business plans follow a simple and straightforward format that you can easily adopt to suit your needs. It can be as brief as one page, or follow the more traditional business plan format — typically 10 to 15 pages in length.
Whether you’re a small business owner, entrepreneur, nonprofit leader or you’re simply looking to bring your idea to market, you can use this helpful business plan template for any business model.
What is a business plan?
A good business plan
— Read the rest of this post, which was originally published on On Deck.