Last Updated: January 12, References Approved. With over 15 years of experience in accounting, Keila specializes in advising freelancers, solopreneurs, and small businesses in reaching their financial goals through tax preparation, financial accounting, bookkeeping, small business tax, financial advisory, and personal tax planning services. Keila spent over a decade in the government and private sector before founding Little Fish Accounting. There are 19 references cited in this article, which can be found at the bottom of the page. This article has been viewed 2,, times.
How to Start a Business: A Step-by-Step Guide
15 Steps to Starting a Business: FREE Beginners Guide
If you have big aspirations for your business, you need a plan to make things happen. Success rarely follows spontaneity especially for entrepreneurs. A detailed plan is usually the best way to make your dreams a reality. Despite this logic, many small business owners flounder when articulating their business goals and their plan of action for achieving them. Putting together a business plan—and regularly updating it—is a great way to periodically step back from the minute details of running your company and visualize the big picture.
Creating a business plan for your startup: step-by-step guide
Writing a business plan can be an overwhelming task. These feelings often translate into immobilization or confusion as to how to start the business plan. Starting a business plan begins with the first step.
In addition to creating a business plan to use for getting startup financing, there are other good reasons to create a plan. Use a business plan template to look at all the areas of your most standard businesses. The template will help you make sure all areas are covered, so your startup goes more smoothly. Small business expert Amanda McCormick suggests looking at five key assumptions to make sure you are ready to start and they will help you be more confident of success.