The importance of having a business plan cannot be underestimated. Very few businesses survive without a business plan.
These questions might help you get started writing:
1. What is it that your business provides and what needs does it fill in the market?
2. Who are your potential customers and why will they purchase from you instead?
3. How do you plan to reach your potential customers?
4. Do you have the financial resources to put up your business? If not, where do you plan to get it?
As soon as you have a workable idea for a business, immediately begin to put together your business plan. You should do an extensive market research for your product or service. It is very important that you are able to determine a) how soon your product will pay for itself and b) what your prospective clients really need.
The market's dominant rule for a business to be successful is that the product or service it sells must be driven by market demand.