December 1-31

National Write a Business Plan Month

Ready to bring your business idea to life? Join the thousands of entrepreneurs celebrating National Write a Business Plan Month and get your plan in gear!

Yearly Date

December 1

Observed in

United States

Introduction

Get ready to dust off your entrepreneurial spirit and get those creative juices flowing because December 1 marks the start of National Write a Business Plan Month! This month-long celebration is all about encouraging individuals to take their business ideas and turn them into concrete plans for success. Did you know that writing a business plan has been proven to increase the chances of a business's success? It's true! So whether you're dreaming of starting your own company or looking to revamp your existing one, now is the perfect time to put pen to paper and make it happen. Let's make this month count and turn those dreams into reality!

National Write a Business Plan Month Timeline

1930s

First Business Plans

The concept of a formal business plan emerges, initially as a way for companies to communicate their strategies and expectations to investors.

1977

Business Plan Software Debut

The first business plan software is developed, simplifying the process and making it more accessible to a wider audience.

1983

Small Business Development Centers

The Small Business Administration (SBA) establishes Small Business Development Centers (SBDCs) to provide assistance in creating business plans, among other services.

1990s

Internet Impact on Business Plans

With the advent of the internet, business plans adapt to include online strategies and digital marketing tactics.

2005

National Write a Business Plan Month

Establishment of December as National Write a Business Plan Month, further encouraging entrepreneurship and strategic planning.

2010s

Era of Startup Culture

The rise of startup culture leads to renewed interest and emphasis on the importance of solid business plans for new ventures.

How to Celebrate National Write a Business Plan Month

1 Brainstorm your business idea

Start off Write a Business Plan Month by brainstorming your business idea. Write down all your thoughts and ideas, and use this as a foundation for your business plan.

2 Research the market

Before writing your business plan, it's important to research the market you are entering. Look at competitors, target audience, and potential demand for your product or service.

3 Attend a workshop or seminar

Check if there are any workshops or seminars in your area that focus on writing a business plan. This can be a great opportunity to learn from experts and get hands-on guidance for creating a successful plan.

4 Create a timeline and budget

In your business plan, include a timeline and budget for your business. This will help you stay on track and set realistic goals for the future.

5 Celebrate with a launch party

Once your business plan is complete, celebrate by hosting a launch party! Invite friends, family, and potential customers to introduce your business and start spreading the word.

Why National Write a Business Plan Month is Important

It helps you clarify your business goals and strategies

Creating a business plan forces you to think critically about your business and what you hope to achieve. It allows you to outline specific goals, identify potential challenges and come up with strategies to overcome them. This clarity is essential for the success of any business.

It gives you a roadmap for success

A well-written business plan serves as a roadmap that guides you through the different stages of your business journey. It helps you stay focused on your objectives and make informed decisions. Without a plan, it's easy to get off track or lose sight of your initial vision.

It increases chances of funding and investment

When approaching potential investors or lenders, a solid business plan can give them confidence in your ability to succeed. They want to see that you have put thought into every aspect of your business and have a clear plan for turning a profit. Having a solid plan in place can greatly increase your chances of obtaining funding or investment.