Written by Kate Pirs
It has been commonly said that, if you fail to plan, you plan to fail. Everyone can attest to this in one way or another. Starting a business without a business plan is definitely a recipe for disaster. Therefore, the first and most crucial tool that any start up business requires is a business plan. A business plan's main purpose is to provide a guideline on what exactly the business needs to focus on and how best to execute the said plan to achieve success.