What are business plans?

From the Small Business Administration: A business plan precisely defines your business, identifies your goals, and serves as your firm's resume. The basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis. It helps you allocate resources properly, handle unforeseen complications, and make good business decisions. As it provides specific and organized information about your company and how you will repay borrowed money, a good business plan is a crucial part of any loan application. Additionally, it informs sales personnel, suppliers, and others about your operations and goals.

Before you begin writing your business plan, consider four core questions:

  • What service or product does your business provide and what needs does it fill?
  • Who are the potential customers for your product or service and why will they purchase it from you?
  • How will you reach your potential customers?
  • Where will you get the financial resources to start your business?


Library Resources

Business Plans Handbook

A compilation of actual business plans developed by small businesses throughout North America. 
• Location(s): Seven volume set, located in Wilson Business Reference Quarto HD62.7 .B865. 
• Check MNCAT Record for Location and Availability

  • Business Plans Handbook is part of Gale Virtual Reference Library

Web Resources

Books and Video on Developing and Writing Business Plans

  • Barrow, Colin. 
    The business plan workbook / Colin Barrow, Paul Barrow, Robert Brown. London : Kogan Page, 2005.
    TC Wilson Library Business Reference HD30.28 .B3685 2005
    2008 edition NETLIBRARY EBOOK
  • Berry, Timothy.
    Plan as you go business plan. Entrepreneur Press, 2008. 
    TC Wilson Library HD30.28 .B4569 2008 Regular Loan 
  • Blackwell, Edward
    How to prepare a business plan. Kogan Page, 2008.
  • The business plan [videorecording] / writer/director, Suzi Taylor ; producer, Suzi Taylor ; VEA. Hamilton, NJ : Films for the Humanities and Sciences, [2010]
    TC Walter Smart Learning Commons HD30.28 .B8525 2010
  • Business planning for turbulent times : new methods for applying scenarios / edited by Rafael Ramirez, John W. Selsky and Kees van der Heijden. London ; Washington : Earthscan, 2010.
    TC Wilson Library HD30.28 .B848 2010
  • Chambers, K. Dennis.
    Entrepreneur's guide to writing business plans and proposals. Praeger, 2008. 
    Internet ebook
  • Creating a business plan : expert solutions to everyday challenges. Boston, Mass. : Harvard Business School Pub., c2007.
    TC Wilson Library HD30.28 .C73 2007
  • DeThomas, Arthur.
    Writing a convincing business plan. Barron's, 2008.
    TC Wilson Library HD30.28 .D477 2008 Regular Loan 
  • Finch, Brian.
    How to write a business plan / Brian Finch. London ; Philadelphia : Kogan Page, 2010.zz
    TC Wilson Library HD30.28 .F562 2010
  • Ford, Brian R.
    Ernst & Young Business Plan Guide. John Wiley, 2007.
    TC Wilson Library HD62.5 .S556 2007 Regular Loan br>
  • Holm, Sheila.
    Seven step business plan. Pelican Publishing Co, 2007. 
    TC Wilson Library HD30.28 .H6725 2007 Regular Loan 
  • McKeever, Mike P. 
    How to write a business plan [electronic resource] / by Mike McKeever. Berkeley, CA : Nolo, 2007.
    TC Internet Resource NETLIBRARY
  • Mullins, John W. (John Walker) 
    The new business road test : what entrepreneurs and executives should do before writing a business plan / John W. Mullins. Harlow, England ; New York : Prentice Hall/Financial Times, 2006.
    TC Wilson Library Reserve HD62.5 .M85 2006
  • Pinson, Linda. 
    Anatomy of a Business Plan: a step by step guide to building a business and securing your company's future. 7th edition. 2008
  • Rogers, Steven, 1957- 
    Entrepreneurial finance [electronic resource] : finance and business strategies for the serious entrepreneur / Steven Rogers ; with Roza Makonnen. New York : McGraw-Hill, c2009.
    TC Internet Resource
  • Schwetje, Gerald. The Business Plan [electronic resource] : How to Win Your Investors Confidence / by Gerald Schwetje, Sam Vaseghi. Berlin, Heidelberg : Springer-Verlag Berlin Heidelberg, 2007.
    TC Internet Resource
  • Spedding, Linda S., 1952- 
    The due diligence handbook [electronic resource] : corporate governance, risk management and business planning / Linda S. Spedding. Amsterdam ; Boston ; London : CIMA, 2009. 
    TC Internet Resource
    https://www.lib.umn.edu/slog.phtml?url=http://www.sciencedirect.com/science/book/9780750686211 ScienceDirect
  • Westwood, John, 1947- 
    The marketing plan workbook / John Westwood. London ; Sterling, VA : Kogan Page, 2005.
    TC Wilson Library Business Reference HF5415.13 .W482 2005 
    [Table of contents ]-- http://www.loc.gov/catdir/toc/ecip053/2004026585.html 

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Last Updated: Jul 27, 2021 3:49 PM