A business plan is a document that details how the startup will conduct the business. It states the business objectives in terms of projected income and profits. It then explains the strategy for how the company will meet these objectives.
A business plan is like a roadmap. It shows you where the destination is (the business objectives) and how to get there (the business strategy). You can use various tools to draw up and showcase your business plan, including business plan services, apps, and templates, including timeline templates, for example.
Other interesting terms…
