To set your new business on the path to success, you’ll need to create a roadmap, formally known as a business plan. According to a 2021 study from the New England Journal of Entrepreneurship, the act ...

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Entrepreneurs can replace complexity with a one-word business plan — a simple, powerful theme that aligns their vision, ...

Every business starts with a vision, which is distilled and communicated through a business plan. In addition to your high-level hopes and dreams, a strong business plan outlines short-term and ...

There are two main types of business plans: the more common traditional business plan and the less common lean startup business plan. A traditional business plan is best for gaining funding and ...

An income statement is your business’s bottom line: your total revenue from sales minus all of your costs. Financial data is always at the back of the business plan, but that doesn’t mean it’s any ...

Opinions expressed by Entrepreneur contributors are their own. Using a deck for your business plan is a quick, to-the-point means of providing your best-selling points while still providing the ...