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Business Plans
Term category: General Business
In 10 words or less: A document that outlines the plan for a new (or existing, even) business.

Definition: A plan that outlines a company that hasn't been started yet. These plans are meant to analyze the company before it forms in order to weed out bad ideas and present good ideas. Business plans are important for companies to get financed.

StockJargon Advice: If you're thinking about starting a business, be sure to write a business plan. It'll give you a chance to figure out all the good and bad ideas about your business idea before you go ahead with it. Many people who write a business plan realize that their business won't work out or they'll realize more difficulties than they originally thought they'd face.

Also, if you want to get financed, you'll need to write a business plan. No one will loan you money or invest in your business without a business plan.

Related Articles

Plan Things Out
Ask yourself a few questions in order to get a plan for your business going…

Put it on Paper
Now you're ready to put your plan onto paper in order to present a formal business plan.

Find Capital
Businesses take money in order to make money. This will help you find some start-up capital.

Related Books

Think Big, Act Small by Jason Jennings
eBoys by Randall Stross
Attracting Investors by Philip Kotler
How to Raise Capital by Jeffrey Timmons

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