developing a business plan

Learn how to create a business plan that outlines your vision, goals, products, market, and finances. Follow the steps to draft an executive summary, company description, goals, products, market research, and financial plans.

Learn how to write a business plan that impresses investors and helps you grow your business. This step-by-step guide covers the basics of business planning, including products, market, strategy, and financials.

Learn how to write a business plan quickly and efficiently with a template. Choose between traditional or lean startup formats and see examples of each.

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Step 2: Describe Your Company. Your company description is the second component of your business plan. This section shows who you are, the problems your business solves, your goals, and why you are different. I’ll illustrate using Yellow Leaf Hammocks.

Start creating an executive summary. The first step in making a good business plan is writing an executive summary. Think of an executive summary as your company’s elevator pitch in writing. You’ll want to keep it short but still get across the important parts of your business.