Questions with SCORE: Why Do I Need a Business Plan?

Today we link up again with SCORE Southeast Minnesota to learn more about business plans and why they are recommended for your company. In this video, SCORE volunteer Brian Alwin answers the question, “Why do I need a business plan?”.

Business plans are encouraged for any business and serve as a place where you can lay out your ideas in a single document. Information in a business plan can include your products, services, price point, potential clients, and financials. Business plans do not need to be extremely in-depth or complicated; they can even be a single paged document, called a lean canvas.

SCORE can help anyone create a business plan with their mentoring services and workshops. SCORE additionally has online webinars about business plan writing on their website that can be perused at your convenience.

SCORE is the largest organization in the world that helps people start and run businesses through their free consulting services. Find your mentor by clicking the button at the top of the page or by going to directly to the “Find Your Mentor” website: https://www.score.org/find-mentor.