Do you hate thinking about writing a 20- or 30-page business plan? I don’t blame you. Writing a formal business plan can ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced ...

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Opinions expressed by Entrepreneur contributors are their own. Running a business can be unpredictable, which is why having a solid business plan as a foundation is vital to surviving and thriving in ...

A business plan can help you obtain financing by highlighting the characteristics lenders use to assess borrowers. Many, or all, of the products featured on this page are from our advertising partners ...

You have a great idea for a new business. Is it time to turn to AI? We decided to find out by asking two different generative-AI tools to write a business plan for a fictional startup—a travel app ...

Writing a business plan gives you a much better chance for success. But it does open you up to some risks. The classic business plan writer is an entrepreneur seeking funds to help start a new venture ...