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 ...

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.

Opinions expressed by Entrepreneur contributors are their own. Formatting your plan is easy in Microsoft Office or other business software. The key is that everything has its own section, is easy to ...

Thinking of starting a business? Working for yourself is awesome, but it can also be a risky prospect: Your income depends upon your success, and many small businesses fail. One of the key things that ...

Ask financial advisors if business planning is important, and most will say, “yes, of course.” Then ask if they have a business plan. If they do, ask whether they refer to it frequently and use it to ...

If you’re looking for funding for a new or existing business, you need a business plan. Your business plan gives lenders and investors the information they need to determine whether or not they should ...

ABS Ultimate Business Planner 5.0 works using a fairly intuitive interview format to gather the data needed for your business plan. Unfortunately, that process is marred by the need for extensive ...

Whether you’re looking to start a business for the first time or scaling one you’ve been building for a while, it’s beneficial to have a clear idea of your next moves. What projects will you ...

Thinking of starting a business? Working for yourself is awesome, but it can also be a risky prospect: Your income depends upon your success, and many small businesses fail. One of the key things that ...

A business plan for a medical business is not a requirement, it is a good idea, according the AllBusiness medical practice adviser Peter Lucash. A business plan for a medical business focuses on ...

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 ...