You need to remember something – your business plan is your roadmap. It will help you project 3-5 years ahead of where your online business will go and what kind of revenue and resource it is going to take to accomplish your goals and get you to the final point.
What is the point of writing a business plan?
A business plan is not just a roadmap, but it can make designing the framework for your business model simpler. It can also help you set your objectives and goals, understand and identify your target audience and your specific niche within that market, how you will attract and keep the customers, clarify what your business has to offer compared to your competition, and much more.