Strong businesses start with a strong plan.

Strong businesses start with a strong plan. A business plan is a written description of your planned business and business strategy. Its your vision of how your business will be organized, how it will operate, and how it will be profitable. You can find lots of information online about writing a business plan. Your local chamber of commerce and government economic development agencies likely also have resources you can use.A typical business plan includes:Executive SummaryCompany DescriptionMarket OverviewSales & Marketing StrategyOperating PlanOrganizations & Management TeamFinancialsOnce you have a basic idea of how your business will operate, its time to calculate your starting costs. Do you need to purchase materials or teaching aids? Will you be paying for website building software or a web host? Do you need to purchase any hardware or software, or perhaps buy business insurance?Since your business is just getting started (and since you will probably be the only employee for a while), your business plan does not have to be incredibly in-depth. Mostly, you should use this plan as an opportunity to set goals, create your marketing strategy, and predict your business expenses.