There are two main types of business plans: the more common traditional business plan and the less common lean startup business plan. A traditional business plan is best for gaining funding and ...

Starting a business without a plan is like driving in an unfamiliar city with no GPS—you might eventually reach your destination, but you’ll likely take many wrong turns along the way. A well-crafted ...

You can never start, own, or build a successful business without a solid business plan. For emerging entrepreneurs or startups, it is always advisable to begin with a business draft. Many believe that ...