BizGym

Business plansSuccessful large corporations, medium size companies and most profitable small businesses all create and follow a business plan. Though many people prefer to write longer business plans, there are advantages to writing 30 60 90 day business plans for your company. To ensure accuracy and establish accountability, business plans are developed by involving all levels of management. You, the owner of the business, should write the plan, whether you are using the business plan to seek financial resources or evaluate future growth, to define a mission or give guidance for running the business.

Enlist your management team, or for a sole proprietor, trusted family and friends, to contribute to your plan using a checklist business plan template in Excel. A business plan will help you to determine your business’s future vision, and it will be easier to set up your goals and reach them.

Sometimes, your business plan might even …

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