Every million dollar business starts with a little seed of an idea. So the is foremost important but an idea is not enough. From a lot of ideas, only a few are unique and it’s very rare that the idea is converted into a plan. So, how to write a business plan? And what are the components of a good plan? A good business plan should seem like it’s a projection into the future which includes all the conflict elements of the initial idea. You should not be too optimistic about your idea. It needs to include all of the needed things, not just the best case scenario but also the reality.