Opinions expressed by Entrepreneur contributors are their own. Now that you understand why you need a business plan and you’ve spent some time doing your homework gathering the information you need to ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

With so much to think about and plan for, when starting a new business it may be tempting to overlook creating a comprehensive business plan. However, it's important to remember that a business plan ...