What is a business plan?
A business plan is a detailed description of your company. It explains what your company does, how things are going and what your future plans are. A business plan can be as long as anywhere between 10 and 100 pages.
A business plan usually has two functions:
- You send it to investors, to give them information about your company
- You can use it later as a reference guide for yourself, to see if you’re still on track