Business Plan is to help drive the first years of a startup company towards the desired direction as well as to give potential investors an idea about the structure of the company and its goals and plans.

Business plan is a road map that provides directions so a business can plan its future and helps it avoid bumps in the road. A business plan is a written document that depicts a new or updated business, its objectives, its strategies, the market in which it operates and its financial forecasts. Business Plan has more than one function, from securing external funding to measuring success within the business.