Example of a Business Plan for a Small Business. Writing a good business plan is more than just jotting down goals for your new business and estimating how much money you'll make.

A good business plan fairly identifies employee strengths and weaknesses. For example, your management team may be heavily engineer-oriented but lack marketing experience. Pinpoint specific hiring ...

For example, if you are wanting to start an eCommerce business and you have money but no time, you may be able to hire someone to help you build a website or ship your products.

Your business plan can be a valuable selling tool, so be sure it’s visually appealing. Keep it current. As mentioned earlier, industry and economic trends change all the time and can impact your ...

I write about entrepreneurism: the good, the bad & everything else. Follow Author. Feb 28, ... For example, I once wrote an entire business plan with a business partner on paper towels.

3. Description of your product(s) or service(s) “When developing a business plan, it’s crucial to clearly [explain] the need your product or service is trying to address,” says Elena ...

By Dickson ASSANThe high failure rate of Small and Medium-sized Enterprises (SMEs) in Ghana poses a significant threat to the country’s economic development. Approximately 70% of SMEs fail within ...