Think a business plan is just paperwork? Think again. It’s essential for making a success of a venture. 70% of businesses that survive beyond 5 years follow a strategic plan. Aspiring entrepreneurs ...

Choose between a detailed traditional business plan or a lean startup version that prioritizes flexibility. A strong business ...

Planning for an ownership transition should be a standard part of every owner’s business plan, no matter the stage of your ...

Explore the intricacies of crafting a small business financial plan, from setting clear objectives and forecasting revenue to ...

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 not just a set of static documents. It’s a living, breathing guide that should be integral to a business owner’s decision-making and management style. A business plan can help you ...

Opinions expressed by Entrepreneur contributors are their own. Writing a business plan is like the architectural plan for a home or a brick-and-mortar building. You need to know what materials you ...

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.