For example, if you want to start a vegetarian restaurant, a plan for a steakhouse can be a great match.While the specifics of your actual startup will differ, the elements you'd want to include in your restaurant's business plan are likely to be very similar.
Decide which business structure is most appropriate for you: a sole proprietorship, partnership, or incorporation.
When you sit down to write, you'll naturally think through important pieces, like your startup costs, your target market, and any market analysis or research you'll need to do to be successful.
You'll also look at where you stand among your competition (and everyone has competition), and lay out your goals and the milestones you'll need to meet.
It should also make it easier to share your vision and strategy so everyone on your team is on the same page.
Keep in mind that businesses that use their plan as a management tool to help run their business grow 30 percent faster than those businesses that don't.