Is running a business for you? Starting with a business plan is key to success.

A business plan is a detailed document outlining your business idea. It will assist the business owner in obtaining financing, foreseeing obstacles and develop strategies to achieve desired goals. The business plan is a dynamic document that identifies who, what, when, where and how your business will succeed.

The business plan should include:

• summary and business strategy
• analysis of strengths, weaknesses, opportunities and threats (SWOT)
• financial plan
• marketing plan
• operations and human resources strategy
• business exit strategy
• other topics

Resources for starting your business plan

The following organizations will assist you in preparing a business plan.

• ALIS
• Business Link
• Futurpreneur Canada
• Strathcona Public Library