Failing to plan is planning to fail. A business plan is detailed plan setting out the objectives of a business, the strategy and tactics planned to achieve them, and the expected profits, usually over a period of three to five years. A business plan is like a blueprint for business success, it’s a document that helps you identify your core concept, your goals, strategies, possible threats or weaknesses and competitive advantage among other aspects of business that help you start and run your business profitably. Usually, it consists of 25-30 pages and it`s goal is to cover all important aspects of you business.