When you are starting a new business, there will be plenty of people trying to advise you on how to do so - including the authors of books on this list! But all of this good advice is useless if you get paralyzed by anxiety about how to go about implementing it. Here are the best business plan books to take your entrepreneurial dreams from idea to reality. To get started, consider investing in a book or two to help craft the perfect business plan. You have to learn how to make your business case, describe why there’s a need for your product or service, share details of how you'll build out your team, and explain how you’re going to finance your venture and stay competitive. Writing a business plan from scratch is a huge undertaking that requires market research, statistical analysis, financial calculations, and more. In fact, it's necessary if you hope to attract investors or borrow funds. Starting a new business is a lot more complicated than just having a “million-dollar idea.” Considering that a little more than 1 in 5 businesses fail within the first year, according to data from the Bureau of Labor Statistics, having a well-thought-out business plan is crucial. We may receive commissions from purchases made after visiting links within our content. We are committed to researching, testing, and recommending the best products.
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