The key to establishing, developing and managing a small business is to keep the basics in mind. There are certain issues which a future business owner must pursue. Issues such as planning, financing, marketing, employees, taxes and legal aspects are just a few that must constantly be in a future business owner's focus.
The main reason for writing a business plan is to raise finance for a new enterprise. Without a good business plan, no bank, individual investor or venture capital firm will consider providing a future owner with the money needed to start up a new business. A business pl…