What is a Business Plan and Why Do I Need One?

A business plan is a road map for business success. It is a great tool to helping you understand your own business. This workshop will discuss the basics of creating a strong plan for your business.

This foundational workshop from OMEE and Illinois SBDC helps aspiring entrepreneurs understand the critical components of a business plan. The session breaks down how to structure your business idea, clarify your goals, and communicate your vision to lenders, investors, or grant funders. Whether you’re just starting or refining an existing plan, this video offers step-by-step guidance to help you build a roadmap for business success.

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