When you’re coming up with your personal business plan, less is better. Since sticky notes are small, they force you to focus on what’s critical for your startup idea.

A business plan explains what your business does now and where you hope to be in three to five years. You may need one to apply for a business loan.

5. Prompt for a Consulting Business Plan. Prompt Example: “Create a business plan for a consulting firm specializing in digital marketing for small and medium-sized enterprises.

When Is it Not Necessary to Write a Business Plan?. ... a company which did everything by the book failed because its very professional plans constrained it from considering changing market forces.