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This post is about exploring the best way to start your day. What should you do first when you wake up? The answer might surprise you. From coffee to meditation, there are many ways to start your morning. The trick is finding a routine that works for you. One of the most recurring questions we see about self-employment is how to write a business plan. Writing a business plan is the first step in deciding whether or not to start a business. Whether you want to start a small home-based business, run a side hustle, or go full-time with self-employment, having a solid plan will help you know what's required in order to launch your new venture. In this post, we gather our best tips from other writers on how to write effective business plans from scratch. We also look at some common mistakes to avoid. Why You Should Write a Business Plan Writing a business plan will help you clarify your expectations and goals for your business. It will give you an idea of what's possible and what's not, and what resources you will need in order to make it all happen. Even if self-employment is just a side hustle for now, writing a plan will help you determine whether or not it might be feasible to make it your main source of income. As we explore in this post, starting a new business can be intimidating. It's especially true if you aren't sure what you're getting into or feel that you don't know the first thing about the process. But businesses are like other things in life: it all comes down to opening a business properly and making sure that it is sustainable. That's why we encourage all of our writers to start with writing a business plan, at least part-time while you learn all about self-employment and how to get started. There are many ways to write a business plan, whether it's formally or informally. Some people like to start with an extensive research paper outlining everything they know about the industry. Others just get started by writing out what they want out of their business and then decide what steps will get them there. There are plenty of creative approaches! However you write your business plan, you'll need to answer some very important questions:So what's a business plan? A business plan is a formal document outlining the goals of your company and the steps required in order for it to become a reality. cfa1e77820
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