Business Planning Part 1

OVERVIEW & PURPOSE
The purpose of this lesson is to help you in the development of a business plan. If you are in the web 3 space with an NFT collection, investing in Crypto currencies, or even the metaverse you are a business. As such you need to make sure you are operating with your best foot forward. To do that you need to make sure you have a thorough and completed business plan. We are here to help with that!

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WHAT IS A BUSINESS PLAN?
A business plan is the foundation of your business according to the Small Business Administration in the United States.
According to Investopedia a business plan is a document that defines every possible detail of your business, your goals, and how you plan to achieve them.
For those of us that are in the web 3 space we know and often execute roadmaps for our collections and projects. The business plan is the same thing however, it's directed at your overall business. Additionally a business plan will also show you any potential obstacles that you may run into in the future.

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