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Key To A Successful Business Plan Failing to plan is planning to fail, so it is very important to create a business plan well in advance and work accordingly. Following are a few key things to consider while making a business plan - It is crucial to pen down the vision and mission statement of your business. 1 2 Be sure to know about your business model, whether it sells to other businesses (B2B) or to customers (B2C) and plan accordingly. 3 Spend some time to identify your target market and design focused marketing strategies. 4 Make a proper budget plan. Take into account the money required to start your business and estimate your inflows and outflows. 5 Clearly define the roles and responsibility of personnel involved in business with you. www.killeenchamber.com Greater Killeen Chamber of Commerce One Santa Fe Plaza Drive PO Box 548 Killeen, TX 76541 Phone: (254) 526 - 9551 Image Source: Designed by Freepik