To successfully launch any small business off the ground, you need a business plan. Even if it is just a simple sheet of paper, it is important for entrepreneurs to do their homework and understand where they are in the market, where they are going, and think strategically about the goals they want to set for their company.
“A well-written business plan can mean the difference between success and failure — not only when it comes to securing capital, but also as it relates to actually running your company. The business plan provides a blueprint that guides a company from a startup phase to a thriving business,” Rohit Arora, CEO of Biz2Credit and one of the nation’s leading experts in small business finance, said.
