Starting a business in Michigan requires a well-structured business plan. Enrolled Agent and business owner Amanda Beck-Haney shares her expertise in helping startups establish themselves in Michigan. A winning business plan includes key components such as an executive summary, company description, market analysis, organization and management, marketing and sales strategy, product line or service description, financial projections, and funding request. To create a comprehensive business plan, research your industry, competition, and target market, define your company’s mission, vision, and objectives, and develop your marketing and sales strategies. Review and refine your business plan to ensure it is clear and compelling. Remember, the journey toward success requires staying focused on your goals and continually evaluating your progress.
