It's an exploratory process in which you can evaluate your options, test your assumptions about your idea, and even discover new opportunities.
It might even lead you to kill off aspects of your business before investing too much time or money in them.
You can subscribe to Kim's business growth tips by email, or connect on Linked In, Twitter and Facebook. In fact, if you're like a lot of entrepreneurs, you're probably going to find yourself pulling a few all-nighters to get one done before heading into your first pitch for funding.
Because that's the thing--your business plan is a pretty important.
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.
Who said a business plan has to be a long, complicated document?
Some funders are going to want to see a lot of detail, but you can provide that in appendices.
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