Business Plan

A business plan is a formal document that outlines a company's goals, strategies, and the steps needed to achieve success. It typically includes an analysis of the market, details about the products or services offered, information about the target customers, and financial projections. Essentially, it serves as a roadmap for the business, helping owners stay focused and organized while also attracting potential investors or lenders by demonstrating the viability of the business concept. A well-crafted business plan is essential for guiding decision-making and measuring progress.