Write a Business Plan — Sky's The Limit

Business Planning

According to the Bureau of Labor Statistics 20% of small businesses fail in their first year, and 50% of small businesses fail in their fifth year [1]. A Business Plan is a documented plan for a business's goals, objectives, and the strategies for achieving them. Creating a business plan for your small business or idea is the foundation for ensuring long-term success.

The first step is to review three types of business plans and identify which is right for you; or start with the Value Proposition template and build up from there with the 1-Page Business Plan template, and finally the Detailed Business Plan template. It’s always a good idea to run your business plan by a friend or mentor to offer feedback and suggestions.

What can help you be 5X more successful?

Working with a mentor can make you five times more likely to succeed! Entrepreneurs, working with a mentor can help you get started and help you grow. They have experience in business and can help connect you with information and contacts and avoid obstacles. Best of all, a mentor believes in you and your dream and will listen to any ideas or concerns you have.

One-on-one Mentorship

You’ll get to meet with volunteer mentors from our network of thousands of area experts in the US and across the globe.

Human Support

In addition to your personalized match recommendations, our Member Experience team will help you get started, invite you to member events, and connect you to startup resources.

Tools & Resources

Not sure where to start with your business? Our step-by-step guides will help break down important business milestones into manageable steps you can work on with a volunteer.

Funding Opportunities

We offer monthly micro-grant opportunities through our Friends & Family Fund, plus exclusive invitation to pitch for larger grants throughout the year.

Friends and Family Fund

Each month, our members vote for at least one Sky’s the Limit entrepreneur to receive a $2,500 startup grant. We’ve given over $100,000 in grants so far and plan to fund millions more.

Find out more

How it works

Step 1:
Complete a profile

Whether you want to get support for your startup or give support by mentoring or advising young entrepreneurs, it all starts with creating your free profile so you can message and meet members.

Step 2:
Message and collaborate

As a member of Skysthelimit.org, you’ll be able to message, meet, and collaborate with other members to work on projects and complete important business milestones.

Step 3:
Celebrate your wins!

Skysthelimit.org members develop valuable business skills and build meaningful relationships — all while building innovative, sustainable businesses and increasing equity in entrepreneurship!