Introduction: A good business plan is the basis of any business in good condition. It doesn’t matter if you are starting a ...

Although a business plan might not be mandatory for securing all types of loans, crafting one can significantly improve your chances of obtaining financing. Many lenders will require you to write ...

The formula is simple: Revenue - Expenses = Profit (or Loss) For your business plan, generate monthly income statements for the first year. Established businesses typically create these statements ...