For example, banks and venture capital firms often require a viable business plan before considering whether they’ll provide capital to new businesses. Every business is unique, and each ...

and containing a projected profit and loss statement A business plan is also a road map that provides directions so a business can plan its future and helps it avoid bumps in the road. The time ...

Look back and reflect on what worked well and where the business fell short and then find the solutions that can help you boost or rectify.