It is essential to have a realistic, working business plan when you're starting up a business.
A business plan is a written document that describes a business, its objectives, its strategies, the market it is in and its financial forecasts. It has many functions, from securing external funding to measuring success within your business.
This YouTube video will show you how to prepare a high-quality business plan using a number of easy-to-follow steps, and includes a template business plan.
It's easy to get caught up in the day-to-day - but if you don't have a strategic plan, you could be steering your business towards disaster.