It walks you through getting started, marketing, product, competitive analysis, SWOT, and more, with a window below the input fields to show you the plan as you work away at it.
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Larry Kim is the CEO of Mobile Monkey, a chatbot building platform for marketers that enables mobile messaging between businesses and customers via Facebook Messenger.
He’s also the founder of Word Stream, the World’s top PPC marketing software company. It's definitely not the most exciting part of starting a business.You need to ensure you have carefully thought about your legal status and how it will affect your business in the future.Do you require any licences to operate in your area of business?Business plans vary in terms of content depending on the type of business being undertaken.However, all business plans should include the following sections: Executive summary – This should be no more than two pages long and will be an introduction to the rest of the document. Where do you want your business to be in five, ten years time?Bad location, a marginal niche, having no specific user in mind, raising too much or too little money--all of these issues can be prevented or at least mitigated with good planning.Creating your business plan is more than just getting your ideas down on paper for potential funders to see.Any funder worth his or her salt wants to see it right off the bat.Moreover though, a solid business plan is a living document that will continue to guide your efforts as your business grows.The SBA's template is available to fill out online and then download as a PDF.You can go back in and edit it as needed, so don't worry about having everything ready the first time you sit down to tackle it.