Your business plan is your roadmap to success, according to the U.S. Small Business Administration. This three-to-five year planning document lays out all the parts of your business needs so your ...

Entrepreneurs embark on business ownership with many challenges and daunting odds. The U.S. Bureau of Labor Statistics reports one in five new businesses fail in the first two years, 45% fail during ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Writing a business plan not only helps you stay on track as ...

A business plan is meant to be a touchstone that you can rely on to remind you of your goals and a living document that can be changed as your business pivots and grows. These concepts aren’t mutually ...

The Salon Marketplace team writes about stuff we think you’ll like. Salon has affiliate partnerships, so we may get a share of the revenue from your purchase. About two-thirds of Americans dream of ...

It’s a biz plan, not a doctoral thesis! Find out why an elaborate plan can weigh you down — and how to keep it simple. Opinions expressed by Entrepreneur contributors are their own. When I first ...

A business plan is a concept that many startups think is either unnecessary or just a nice-to-have. It's often seen as an annoying extra bit of admin that's simply keeping you away from the fun of ...