Is A Business Plan Your Secret Business Growth Weapon?

How To Write An Impactful One That Serves You Well

Does a small business owner like a coach, consultant, or service-based provider need a business plan?

While you may think it is overkill, I assure you it is not.

You don’t need anything fancy or elaborate, but I encourage you to have one still, even if you are a solopreneur.

Let’s have a closer look:

The Purpose Of A Business Plan (For Small Businesses)

There are many advantages of having a business plan but here are my top reasons:

• Clarity
• Priorities
• Partnerships
• Focus
• Seriousness

A business plan will achieve all of this, providing clarity and setting priorities, as well as having a clear and professional out line to present to potential partners, whether an investor, a coach, the bank, or team members you onboard into your business. Lastly, having a business plan shows you are serious about building a business.

Your business plan is your home base.