There are thousands of new small businesses created each year in the
United States; some are successful, some are not. There is one element
that greatly influences whether a new small business will have a
successful outcome. The factor is a solid business plan.
The
business plan should cover the business basics from goals to management,
from marketing to operations. A business plan is a map for success, so
don't go lightly on the details. A good business plan should include the
executive summary, a definition of operations, an outline of the
marketing strategy, and how the small business will be financially
managed.
