Before actually engaging yourself in writing a business plan, you have to know why you need it and how to use it. You then determine your goals and objectives as well as your dreams for the business. Similarly you have to know your financial requirements as well as you opportunities and threats. It is after this that you engage in the actual business plan writing. When writing a business plan, you will start with the business description. It is a brief description of the industry giving its present look as well as future possibilities. Provide information on the products and developments that could benefit or affect the business as well.