A business plan is a written document that describes your business
It covers objectives, strategies, sales, marketing and financial forecasts. A business plan helps you to clarify your business idea and spot potential problems. It is a crucial element in giving a business the best possible chance to succeed.
A good business plan will provide structure for everything you do within your business. It should help you plan for the future and decide how you will expand your business as well as cover the everyday running of your business.