Long-term strategic business planning is necessary for company growth and success, explains Entrepreneur magazine. Business plans provide companies with the tools to track growth, establish a budget ...

A traditional business plan covers a wide range of topics necessary for a company to obtain financing, make future projections and effectively market to customers. Business plans are designed to speak ...

A strong, well-thought-out business plan is crucial for a business's success. Without one, it's tough to maintain a vision of the future and what the next steps for your business should be. Think of ...

A good business plan is an entrepreneur’s best friend. It’s an indispensable document, and every section matters, from the executive summary to the market analysis to the appendix; however, no section ...

Business planning has always been part of the core of successful organizations. From startups to Fortune 500 companies, a robust business plan lays the foundation for growth, competitive advantage, ...

Opinions expressed by Entrepreneur contributors are their own. Now that you understand why you need a business plan and you’ve spent some time doing your homework gathering the information you need to ...

Starting your own business is so stressful, with so many things to be done, that it’s easy to convince yourself that doing the bare minimum for a business plan is enough. There are a ton of business ...

Boost efficiency and accuracy in logistics, data analysis, forecasting, and more Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

It's more than a tool for getting funding. Think of it as the road map to your business's future. There are seven major sections of a business plan, and each one is a complex document. Read this ...