What is a business plan for students?
A business plan is a written document that describes an idea for a product or service and how it will make money. It includes your marketing plan as well as estimates for revenue, expenses, and how to make a profit. Why do I need this? A business plan is like a roadmap.
How do I start a business plan?
Conduct market research. Market research will tell you if there's an opportunity to turn your idea into a successful business. Write your business plan. Fund your business. Pick your business location. Choose a business structure. Choose your business name. Register your business. Get federal and state tax IDs.
How do I write a business plan document?