The Importance of a Business Plan & Steps to Build One

The Vault at 201 N Broadway

On today’s Vault short we talk about the importance of a business plan and the steps to build one.

We discuss how a business plan is like a roadmap to your business. We delve into the details of a business plan, what it should include and tips for outlining and creating the plan. On this episode we talk about the role of financial projections and the benefits these projections have when you’re starting your business and creating the business plan.

If you are thinking about starting or growing your business, Big Sky Economic Development has free business advising and lending services to help you no matter which business building stage you are in.

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This episode is brought to you by Big Sky Economic Development, and the MT Small Business Development Center.

"The SBDC is funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA."