Why Write A Business Plan
In this 5-minute small business class online, you’ll learn why you should write a business plan for your small business.
Recommended Pre-Requisite Classes: None
Instructor: Jennifer Croft
Please note: You may have to raise the volume on your computer or phone to be able to clearly hear the video.
In this 5-minute, online class, you’ll learn the top 10 reasons you should write a business plan for your small business. If you plan to borrow money or get investors, you’ll need a business plan. In this class, you’ll learn that a business plan can also help you flesh out and test your business ideas and identify any potential gaps or “fatal flaws” that might prevent your success. You’ll find out how a good business plan can set the framework for action steps and help you set boundaries and avoid surprises. You’ll get recommendations for how often you should write or revise a business plan.
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Related ClassesHere are other small business classes online that relate to Why Write A Business Plan:
•How To Get A Loan For Your Business
•How To Write A 1-Page Business Plan
•How To Write A Fill-In-The-Blank Business Plan
WorksheetsThe following small business worksheets will be helpful for you to use:
•1-Page Business Plan
•8-Page Fill-In-The-Blank Business Plan
Next StepsAfter taking this class, here are some good next steps you can take:
•If you’ve already written a business plan, go back and review it. See how accurate you were in your initial projections.
•Write a new business plan or revise your old business plan.
•If you’re in the start-up phase, review and revise your business plan at least once a quarter.
•If you own an existing business, review and revise your business plan at least once a year.