A business plan is an essential document that outlines the key features of a business. You typically use a business plan as a map and outline when first starting a business, and also to show potential investors your business strategy. Writing a business plan takes time, dedication and perseverance. It's not something you should take lightly, because it can set the proper foundation for a successful business.
A Step-by-Step Guide to Developing a Music Business Plan
A Step-by-Step Guide to Developing a Music Business Plan | Thimble
Winston Churchill once said, "Plans are worthless. Planning is priceless. Just because the future is uncertain doesn't mean you can't anticipate it. On the flip side, just because you have a plan doesn't mean you can't be agile and make decisions in the moment based on current circumstances—you're not locked into the plan. But the process of writing a business plan helps ensure that all aspects of your business are focused on the same goal and that you don't have any major gaps in your business model.
Free Step-by-Step Instructions on How to Write a Business Plan
Last Updated: November 15, References Approved. Samantha specializes in personal finance, working with clients to understand their money personality while teaching them how to build their credit, manage cash flow, and accomplish their goals. There are 11 references cited in this article, which can be found at the bottom of the page. This article has been viewed , times. Building a realistic budget is an effective way to help keep your business profitable.
Last Updated: November 2, References Approved. This article was co-authored by Helena Ronis. She has worked in product and the tech industry for over 8 years, and received her BA from Sapir Academic College in Israel in There are 16 references cited in this article, which can be found at the bottom of the page. This article has been viewed , times.