Reviewed by Jodi Horsley

How to Write a Business Plan is an amazing book, chuck full of great information – if you are an entrepreneur looking to start up a business. This book will definitely help you put your thoughts on paper in a well-organized manner.

How to Write a Business Plan will help you take a project that can be overwhelming and show you how to make it much more manageable through the steps that are laid out for you. The task of writing a business plan can be quite daunting, but this book lays out each step in such a detailed, manageable manner – it allows even the novice to feel comfortable in what they are creating.

There are so many significant reasons to put a business plan in place, as pointed out in the beginning of this book. Not only is writing a business plan required if you are looking to get funded by a lender, it will also help you determine if your business even has a chance for success. Having a business plan will also improve your odds for success; I’m not aware of anyone starting a business who wants to see it fail.

How to Write a Business Plan goes above and beyond the essentials on how to write a great business plan. It also covers topics such as choosing the right business and if you really want to own a business, as well as, creating marketing and personnel plans. Also included is an entire section on keeping your business on the path of success.

The sections on creating a profit and loss forecast and creating a cash flow forecast and capital spending plan are especially helpful, specifically if you find creating these types of plans to be overwhelming! How to Write a Business Plan will not only walk you through the process, but will also help you gain an understanding of small business financials.

I highly recommend this book to any entrepreneur who is starting a business. I also recommend this book to anyone who has a successful business but does not yet have a business plan in place, or is looking for funding in order to expand. Even if your business does not require funding, How to Write a Business Plan will allow you to put your ideas down on paper and help determine the success of your business.

Rating: 5/5

Jodi lives in the western suburbs of Illinois with her husband, her elementary school daughter, and preschool boy/girl twins. She is an avid reader and loves losing herself in a good book. She has a Master’s in Information Technology and has been a WAHM mom for 4 years now.

Review copy was provided free of any obligation by NOLO. No monetary or any other form of compensation was received.