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Today's video explains why writing a business plan is crucial for entrepreneurs, following Benjamin Franklin's quote "if you fail to plan, you are planning to fail." Many entrepreneurs start their businesses with only a good idea and big dreams, but a business plan is essential. The video outlines key sections every business plan should have and offers a beginner-friendly business plan template, financial spreadsheet templates, and a sample business plan to help get started. Writing a business plan may seem boring, but it can save time, money, and energy in the long run.