A dream without a plan is just a wish, so get ChatGPT to help make your plan. Tell it your hopes and dreams and see everything laid out in front of you, ready to share with the world. Convince ...

Think a business plan is just paperwork? Think again. It’s essential for making a success of a venture. 70% of businesses that survive beyond 5 years follow a strategic plan. Aspiring entrepreneurs ...

Using your business plan to monitor performance Business plans help you spot trouble, understand pressure points, and monitor cash flow. A business plan doesn’t have to end up on the shelf once you ...

A business plan can help you obtain financing by highlighting the characteristics lenders use to assess borrowers. Many, or all, of the products featured on this page are from our advertising partners ...

Question: I am a new business in the process of developing a business plan pursuant to obtaining a bank line of credit. What financial documents are required?