How to Write a Business Plan: 10 Steps for Small Business Owners

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.

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