
As with most things there are a couple schools of thought on this topic. The first is that the Business Plan is absolutely necessary and is the core of your startup. The Second is that all it does is get in the way. Of the small businesses I polled on Twitter the only reason anyone had one was if they were looking for funding, other wise it was just too time consuming (which it should be)
Either way you look at it one thing is certain, if you’re looking for funding a business plan is absolutely necessary. That’s why I’m going to talk about it, we have created a small business plan and so we’ve been through the pain. It’s not investor worthy yet, but then we aren’t looking for investment right now anyways.
At the root of it all a business plan is a way to put on paper the goals, growth plan, business / management plans for your business. It’s there to help organize your thoughts and goals regarding your business and help keep you on track, it’s not there to drag you down and suck up your time. I’m going to get into the sections of a business plan, but first we need to create a ficticious business.
I posted the question to Twitter and Seth Simonds from the wickedly funny The Dating Papers was the first to respond with












