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→Business plan
== Business plan ==
== Business plan ==
[[File:Business-plan.jpg|thumbnail|right|300px|A solid and realistic business plan is the basis of a successful business.<ref>[https://www.investopedia.com/financial-edge/1010/top-6-reasons-new-businesses-fail.aspx Top 6 Reasons New Businesses Fail], Investopedia</ref>]]
According to Investopedia:
According to Investopedia:
{{Cquote|A solid and realistic business plan is the basis of a successful business. In the plan, you will outline achievable goals for your business, how your business can meet those goals, and possible problems and solutions. The plan will figure out if there's a need for the business through research and surveys; it will figure out the costs and inputs needed for the business, and it will outline strategies and timelines that should be implemented and met.
{{Cquote|A solid and realistic business plan is the basis of a successful business. In the plan, you will outline achievable goals for your business, how your business can meet those goals, and possible problems and solutions. The plan will figure out if there's a need for the business through research and surveys; it will figure out the costs and inputs needed for the business, and it will outline strategies and timelines that should be implemented and met.