Writing a Business Plan: What You Need to Know | It's a Money Thing

Starting your own business is exciting, but there’s more to it than you might think! A solid business plan is key to getting things off the ground. It helps you define your business, figure out how it will work, and identify your team, target market, and competitors. Plus, understanding your market strategy, financials, and what resources you'll need is all part of the process. Whether you're just getting started or refining your plan, this video will walk you through the essentials of creating a business plan that sets you up for success. Like this video if you found it helpful! For more financial resources visit: https://www.redcanoecu.com/ 00:00 Intro 00:59 What is the Business? 01:12 How Does it Work? 01:17 Who's the Team? 01:31 What is the Market? 02:04 Who are Your Competitors? 02:24 What's Your Market Strategy? 02:41 What are the Numbers? 02:47 What Do You Need? Follow us: Facebook: https://www.facebook.com/RedCanoeCU LinkedIn: https://www.linkedin.com/company/red-canoe-credit-union #financialdecisions #itsamoneything #businessplan