A business plan is a document that describes the purpose and objectives of a company, its products and services, target market, financial forecast, and its strategies. Many beginning entrepreneurs wonder why they should write a business plan. Well, it’s not a good idea to rush into new venture without having a blueprint – a guide to follow. It also serves to attract investors when you seek financial backing. You can write a good business plan by using the following format.…
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You will need much more than just a business plan if you are looking to raise capital. You will have seconds to “hook” investors! Which begs the question of how?
The executive summary will be the first section of your business plan.
There is one thing you want to accomplish with your executive summary: Send potential investors diving into the rest of the plan!
Click here to raise money from Angel Investors!
To achieve this there are three things you …
If you are not absolutely sure that your business plan is persuasive, stop and watch this free presentation to discover how to make it even more convincing!
The basis of a business plan must be hard data, not a just an idea. Creative entrepreneurs who have many ideas may find this shocking. Even so, smart entrepreneurs adapt to any situation and soon find the facts they need to stand by their ideas and convince investors to finance them.
A perfect …