What is the purpose of a business plan and why is it an essential first step for a start-up firm? This essay also addresses commom problems with small businesses.

What is the purpose of a business plan and why is it an essential first step for a start-up firm? A business plan can get you in to action when just beginning to plan the future of your business.  Starting a business can seem like a long, intimidating and drawn out process. A business plan will help you ease this task by setting things apart so that they may be seen more …

…a "family business?" One of the most common is disagreements on the operations of the business. They may have trouble working together or find their personal lives spill over into their businesses. Couples who work together must have strong communication skills, passion and respect for one another and their business, and most of all a strong marriage. They must also take in each others strengths and be able to share duties with one another equally.