Making A Business Plan

​ Your business idea needs a foundation which covers all the plans you have for your business. This includes what you want your business to offer, the resources needed, prices, etc. It continues as a living document, since it’d normally be added throughout the entirety of your business whether you want to expand or introduce new things. Your business plan should cover your main ideas and overall information of your business. Lenders and investors ask for your business plan so they can understand your vision and whether your idea has potential. You could either write a traditional business plan which is very detailed and comprehensive, or a lean startup plan which is brief and highlights your main ideas but may require additional information when sent to lenders or investors.