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Pro forma financial statements are key elements of your business plan, offering a future look at your company’s financial health. These pro forma projections are required by investors, lenders, and...

Most entrepreneurs begin their journey with the understanding that securing capital is an essential and inevitable requirement. But, identifying the right funding source is crucial. Businesses that thrive don’t just...

The Ultimate List of Startup & Entrepreneur Statistics (2025) Written by Dave Lavinsky Table of Contents Table of Contents

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The financial section is often the cornerstone of a well-written business plan. At the core of this section are the financial assumptions, which are critical as they lay the groundwork...

Starting a business venture with external capital requires creating a solid investor agreement. This legal contract acts as a valid and binding agreement between both the company and the investor,...

Found after the Executive Summary, the Company Overview is a key section of the traditional business plan format offering a brief description of what your business does, its purpose, and...

With more than 20 years of experience helping entrepreneurs start and grow their businesses, I know how often a business plan and a business proposal get confused for one another....

Having written thousands of plans for entrepreneurs within various industries, I understand there is a wide cost range to get a quality business plan. This fluctuation depends on your approach,...

There is countless research showing that setting business goals dramatically improves your chances of achieving success. So, let’s create some strategic goals to get your business moving in the right...