A business plan is the primary way you can expect to obtain outside funding, as well as represent your business goals in a clear and concise manner. Use a business plan to present your project to outside funding or potential investors. Also, use it to help keep you grounded when making business plans or decisions.
Load your plan full of data, calculations you've made about operational expenses and projected income, alongside analytical data about competition and the local market. This will be especially attractive to potential investors, to see where and how their money will be used.
