Creating a good business plan is a good place to start when opening up a new business. Though many successful companies have been started without the benefit of a formal business plan, it can be an essential factor in the birth and growth of your company. A good business plan will help you obtain financing, arrange strategic alliances, attract key employees, and boost your confidence. It sells your company to the world and gives you direction as the world answers back.

In these series of articles about putting together a business plan we will give you the definitions and outline on how to put together a great business plan. It is our goal I these articles to provide you with most of the information that you will need to attract the correct investors or make the right decision with your own time and money. You will need to do some homework on you own, don’t worry it is fun.