A dream without a plan is just a wish, so get ChatGPT to help make your plan. Tell it your hopes and dreams and see everything laid out in front of you, ready to share with the world. Convince ...

The opening section of your business plan -- typically called the executive summary -- can be an immediate turn on or turn off to potential investors in your business. As the saying goes: You only get ...

Whether you’re using your business plan to attract investors, support a business loan application or guide your internal strategy, providing a high-level snapshot of its contents up front is essential ...

The purpose of an executive summary Common mistakes to avoid The first part of your plan that anybody will see, after the title page and table of contents, is the executive summary. This could be ...

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 ...

Business plans explain what a company does, who runs the company and how the company plans on hitting revenue goals, based on competitive advantages and marketing strategies. Some businesses write a ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Anyone starting a new business must create a business ...

If you’re wondering how to write a business plan, you’ve likely been considering launching your own design firm for quite a while. When getting your new enterprise off the ground, crafting a business ...

So you’ve come up with an idea for a business and made the courageous decision to strike out on your own. You’ll get to work on your terms, become your own boss, and hopefully turn a profit by doing ...

Joseph is Director at Wise Business Plans, a firm helping clients with professionally written business plans, branding, licensing and more. To someone who’s never done it before, crafting a business ...

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 ...