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How to Develop a Business Plan

Whether you're seeking to secure financial backing for your business endeavor, or trying to recruit a business partner, you'll need to develop a business plan. Your business plan does not need to contain confusing legal language, but it does need to outline your business plan in a simple and concise manner.

1. Visit your library. Your local public library has an entire section of books dedicated to entrepreneurship and starting your own business. Many of those books contain examples of business plans, which you can use to develop your own business plan.


2. Join your local chamber of commerce. Many members of your local chamber of commerce are business people who have experience creating and writing business plans. Chamber members enjoy sharing information and helping their fellow members. By asking for help, members will offer tips and tools on how you can develop a comprehensive, thoughtful business plan.


3. Talk to a lawyer. A business lawyer can assist you in developing a business plan, and explain pertinent components of said plan. In addition, a lawyer is also a great resource for information if you ever face legal issues when your business is up and running.


4. Search the Internet. You can find scores of information regarding the development of a business plan when you search online. Simply access your favorite search engine, and in the search box, enter the keywords "how to develop a business plan" or "how to write a business plan." After hitting the "enter" key, thousands of returns will be at your disposal for taking.