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Writing a business plan is one of the most important ways to document the whole thought process -- along with the gory details -- of starting, running, operating, and marketing a business. Although it was (and still is) a tool for Venture capitalists, Banks, and other funding sources for starting a business, it also functions as a documented plan to help guide entrepreneurs and to keep them focused.

Things you should consider before writing out a business plan:

• What are the best ways to present your story?
• Why are you writing the business plan? Who is going to review it? A business plan would look and read markedly different when written for venture capitalists and banks as compared to a plan written as a documented guide for entrepreneurs.
• What parts of the business plan need to be plumbed into? Which sections of the plan are complete and what aren't?
• What other information would you need? How would you go about finding that information? In some cases, searching the Internet would suffice. In other cases, heading out to the local chamber of commerce, interviewing industry people, talking to government sources, surveying general public, etc., will be required.
• How complete and deep should your business plan be? You could make a plan on a tissue paper or actually write a tome.