<aside> 💡 A plan for your business is a necessary element to launching. As business plans change, creating a simple and editable business plan such as the Business Canvas will help you consider and strategize for all the major parts of your business.
Table Of Contents:
1. Business Validation
2. Business Plan
6. Business Entities in Michigan
7. Insurance And Contracts
Plans are good, but many times we begin a list of to-do’s without any real intent to follow through. That’s why in creating your business plan, you know exactly what purposes and results you want to achieve.
Most small businesses need a plan to ensure that they’ve thought everything through; some more developed companies need business plans for other reasons. Whatever that reason is, we’re here to help
00:30 - Why you need an Legal Entity
01:40 - What is a Legal Entity
02:10 - You Options
02:50 - How to Choose
03:40 - Your Next Steps
Asking ‘why’ is normally a very good place to start when founding businesses, and this is no exception. Why is it you are writing a plan of some type?
“If you’re not serious enough to put pen to paper, you’re not serious about your potential business.” — Joe Morison
Creating a written plan overview your business can help you with the following:
By not writing out your plan, you are inviting confusion, miscommunication, and other unnecessary difficulties into an already difficult process.
“The business canvas is about getting the initial ideas out of your head and down onto a piece of paper, answering a few simple questions to help set you up for a more successful business.” ~ Bill Hamway