This dissertation focuses on the analysis of business planning and the business plan development process. Business planning is very important for the enterprise business, so there is a need for taking care of the company at every stage. Business planning and the process itself is the most important step for starting a business, which is in a fact making a business plan. This project shows the structure of the business plan and elements that are used in the development so that every element shows what must be included in each written part. The biggest part of this project focuses on making a business plan for a pancake house. This example shows explained elements of a business plan, which in the end will result if there is a potential for the successful project of the selected example. Therefore, the aim is to determine the financial stability of the project. The purpose of this work, through initial explained theoretical part of the business plan, business planning, and its structure, is to present definitions and clear meanings that are behind these terms, what they represent, and what their characteristics are. These terms lead to the development of the business plan itself, which assesses the success of the business project. From the analysis of the financial plan, the pancake house has the potential for success if the assumed quantity will be sold. To conclude, without concrete planning and business plan, the entrepreneur can't have a clear picture of the idea, which is to be established by elaborating on this topic.