Crowdsourcers Personal investors family and friends Not all business plans are designed to raise capital. However, when the goal is to find investors or land a bank loan, writing a good business plan requires including the specific information the investor will need to make a good decision.
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A business plan is an essential document that outlines the key features of a business. You typically use a business plan as a map and outline when first starting a business, and also to show potential investors your business strategy. One Page Business Plan – A short, 1-page business plan is a more concise version of a complete business plan.
It’s used primarily when you don’t want to divulge the full plan but are starting a conversation with an investor, lender, or other party.