Your business plan step by step

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What to Include in Your Business Plan

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In this edited excerpt, the authors discuss the whys and hows of conducting market research. Market research aims to understand the reasons consumers will buy your product. It studies such things as consumer behavior, including how cultural, societal and personal factors influence that behavior. Market research is further split into two varieties: primary and secondary.
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The #1 Business Planning Software Solution

You can learn a lot about your competitive advantage, market opportunity, and how to position your business by looking at the competition. Knowing who your competitors are, how they operate, and the necessary benchmarks you need to hit are crucial for your business to succeed. Most investors take that as an indicator of lack of experience.
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Part of our Build your own financial plan series. This series of how-to articles makes it easier to create a personal financial plan and get your money in order. In nine steps, you have a nice framework to build on for the rest of your life. Don't worry.
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