This article is published by AllBusiness.com, a partner of TIME. Starting a business is an exciting yet challenging endeavor that requires careful planning and clear direction. Whether you are opening ...

An income statement is your business’s bottom line: your total revenue from sales minus all of your costs. Financial data is always at the back of the business plan, but that doesn’t mean it’s any ...

Investors will want a detailed list of the equipment your business requires and where you plan to operate. Here’s a checklist to get you started. Opinions expressed by Entrepreneur contributors are ...