You might hear it to often, that better preparation is better than nothing, but in the other ways, some people just did their best without any planning, and the succeeded either way. This might confuse you a bit. But tell you what, preparation or planning will make your works lot more easier than none.

Before we talk it more deeper, lets take a look at the description of business plan. Business plan is a statement that will describes and analyzes your business and planned about action required to be taken in the future. Thus this plan also has financial aspects of your business, including costs of every spend you make in the future.
Lets take a look at the benefit:
1. Getting an investor
A good business plan will attract investor, make your proposal as good as possible. From those proposal, they might want to see the future profit, estimate your business 2, 5, and 10 years ahead, it will helps you gain as many investor as you could get.
2. Analyze your business health.
A business plan will took action as a parameter of your business, a benchmark will be taken from it. It also help you to decide your business future. A good business at least close to your business goal, but consider to replace your business, when you found that not profit you get everyday, but loss.
3. Enlarging your business concept.
A growing business required a concept, later when its getting bigger, we just follow the concept, it really help you as an owner, managing your own business.

Instead of those benefit, there will be more other, specify your business, and create a business plan on it, it will ease your pain, happy harvesting.