Every single company, regardless of size, can benefit from a business plan. It is not usually an exact guide, step for step, on how to conduct business to be successful but more of an outline to follow. It needs to be adaptable and flexible with goals, finances and time frames to keep you on target. Did you use a template for your business plan or come up with any type of outline?
At the 2013 awards ceremony for National Youth Entrepreneurship Challenge, Entrepreneur.com caught up with Sean Combs. Combs donated $250,00 to the organization behind this business contest for kids in low income communities, the Network for Teaching Entrepreneurship.