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Decide where you'll set up headquarters. Do you want a store? Is your company operational entirely online? It mainly depends on what you're selling. Some businesses are better as brick-and-mortar establishments. Others fare better online. If your wares lend themselves to the notion, you might launch a hybrid company with a physical location and a web store.

When you're crafting your plan, remember these tips: Don't use long complicated sentences, unless you have to for meaning. Short sentences are fine, and they're easier to read. Avoid buzzwords, jargon and acronyms. You may know that NIH means "not invented here" and KISS stands for "keep it simple, stupid," but don't assume anybody else does. Use simple, straightforward language, like "use" instead of "utilize" and "then" instead of "at that point in time." Bullet points are good for lists. They help readers digest information more easily. Avoid "naked" bullet points. Flesh them out with brief explanations where explanations are needed. Unexplained bullet points can be frustrating.

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