What is a business plan?

What is a business plan?

As a blogger, I often come across the term "business plan." In simple terms, a business plan is a strategic document that outlines a company's goals, strategies, and financial projections. It serves as a roadmap for entrepreneurs and helps them stay focused on their objectives. Additionally, a well-structured business plan is crucial for securing funding from investors or financial institutions. Overall, a business plan is an essential tool for starting, managing, and growing a successful business.