Here are the best business plan books to take your entrepreneurial dreams from idea to reality. To get started, consider investing in a book or two to help craft the perfect business plan. You have to learn how to make your business case, describe why there’s a need for your product or service, share details of how you'll build out your team, and explain how you’re going to finance your venture and stay competitive. Writing a business plan from scratch is a huge undertaking that requires market research, statistical analysis, financial calculations, and more. In fact, it's necessary if you hope to attract investors or borrow funds. Starting a new business is a lot more complicated than just having a “million-dollar idea.” Considering that a little more than 1 in 5 businesses fail within the first year, according to data from the Bureau of Labor Statistics, having a well-thought-out business plan is crucial. We may receive commissions from purchases made after visiting links within our content. We are committed to researching, testing, and recommending the best products.
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