2. Do your homework and determine set objectives. What is the current state of the marketplace you're seeking to enter? Competitors? Target customers? What are perceived threats and opportunities? Try writing a letter to yourself, written from five years in the future, describing your accomplishments and how they came about.
3. Plan what you will do with your plan. A business plan can be used for monitoring progress toward goals, invite colleagues to invest in or enhance your plan, or entice employees to join your business.