A business plan is an essential roadmap for business success. A business plan outlines goals and details how you plan to achieve those goals.Business plans can help perform a number of tasks for those who write and read them. They’re used by investment-seeking entrepreneurs to convey their vision to potential investors. They may also be used by firms that are trying to attract key employees, prospect for new business, deal with suppliers or simply to understand how to manage their companies better.One of the most common questions asked when starting a business is how to write a business plan. In this course, we will cover what a business plan is, why we need it, the basic structure of a business plan and some of the various formats.