It serves as a guide for how you manage your organization.Ĭonsidered a basic business principle for startups, business plans are helpful for all kinds of companies.įor example, a plan for a startup might be a simple one or two-page document, sometimes referred to as a lean plan. The easy answer, of course, is right there in the name-it’s a plan for your business. Let’s take a look at why your organization needs this business roadmap and how it can set you up for long-term success. From entrepreneurs with the seed of a great idea to established companies, every business needs a business plan.īut what is a business plan exactly? Is it worth the time and effort to write one?
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