Starting a business can be a daunting undertaking. As with so many large projects, one of the most difficult challenges is just getting started, and one of the best ways to start is by putting ...

Whether you want to create the next unicorn startup or lay the groundwork for a successful and sustainable business, the process starts with your business plan. Every business plan should include the ...

Okay, so you enjoy baking, and you've lost count of the number of times friends and family have suggested that you open your own bakery. But the idea of finding a building and then creating a business ...

Strategic management deals with the long-term goals of a business rather than the day-to-day operations. These plans often make projections that extend three to five years out. In addition to creating ...

Ecommerce is rapidly growing around the world. We love to buy our little treats and trinkets on the internet. The industry has reached a market valuation of $6.31 trillion worldwide and is expected to ...

A strong, well-thought-out business plan is crucial for a business's success. Without one, it's tough to maintain a vision of the future and what the next steps for your business should be. Think of ...

A dream without a plan is just a wish, so get ChatGPT to help make your plan. Tell it your hopes and dreams and see everything laid out in front of you, ready to share with the world. Convince ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. David ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

There are seven major sections of a business plan, and each one is a complex document. Read this selection from our business plan tutorial to fully understand these components. Now that you understand ...