Create a Business Plan
A business plan is a blueprint for a successful business start-up. It should be the result of careful study and hard work. Your business plan explains how your catering business will operate, how it will be structured and managed and how it will be financed. If you need money to get started, the business plan is what investors and lenders will look at to make their decision.
Even if you don’t need outside funding, you should put together a business plan. The process of writing one forces you to think through all the aspects of your catering business. Once you’ve finished your plan, you can use it as a guide to your day-to-day operations.
A completed business plan increases the chances that your catering business will succeed.
The SBA has a guide on the web for writing a business plan. Start with Business Plan Basics.
