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 ...

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 ...

As AI tools become increasingly accessible, small business owners are using AI to be more competitive, efficient and ...

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

It's not one of "those" dirty words, but "business plan" has assumed a distinctive place in the vernacular of many small-business owners. They're told they need one, try to muster the enthusiasm 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 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 ...

Opinions expressed by Entrepreneur contributors are their own. In their book Write Your Business Plan, the staff of Entrepreneur Media, Inc. offer an in-depth understanding of what’s essential to any ...

Consulting firms earn revenues from fees charged to clients. These can be hourly fees or fees paid on a per project basis. A consulting firm is not a capital intensive business to start. The ...

There are seven major sections of a business plan, and each one is a complex document. Read this selection from our business plan tutorial to fully understand these components. Now that you understand ...

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.