How to Write a Business Plan: A Step-by-Step Guide (With Examples)

A business plan is a document that will help you decide whether your business ideas will be successful, and describes all the details of your business operation. To write a business plan, you should make it clear and concise, easy to read, and still manage to describe what makes your business stand out. You should describe your company, the product you are selling, how your company is organized, advertising and marketing plans, and the financial details of your company. All of these key elements work together to formulate a clear plan that sets your company apart.

Key Takeaways:

• Narrow down what makes you different. Remember to think beyond just selling your product or service — you’re selling a combination of product, value, and brand experience.
• Keep it short, and format it for easy skimming.
• A business plan is a living, breathing document, which means you can update it as things change.

“At its core, a business plan helps you prove to yourself and others whether or not your business idea is worth pursuing. It’s the best way to take a step back, look at your idea holistically, and solve for issues years down the road before you start getting into the weeds.”

Read more: https://blog.hubspot.com/marketing/how-to-write-a-business-plan