Create a Living Business Plan

Why do I need a business plan? 1. What exactly is a living business plan and why do I need it? Components of a Living Business Plan 1. Mission Statement. (Provides Direction) 2. Business Model. (How do I make Money?) 3. Market Analysis. (Knowing your Market) 4. Marketing. (Knowing when, where, and how to advertise.) 5. Sales Structure. (Workflow) 6. Business Projections. (How to manage profit and loss)