creating a business plan – Page 2 – Business Plan Template

Main Characteristics of a Good Business Plan

The business plan is probably one of the most important documents you are going to work on in order to grab the interest of an investor and to receive funding. A good business plan is convincing and speaking of professionalism.

Several characteristics determine the attractiveness of your business plan and its ability to get you the much needed funding. Keep the following in mind when working on the presentation of your project.

Realistic
You can come up with the greatest …

Tips on Finishing Your Business Plan Faster

A lot of entrepreneurs, especially those whom success has eluded, are usually pretty hard-pressed to finish their business plan a lot faster, particularly if it is the very first business plan that they have ever written. However, even for the pros or the so-called serial entrepreneurs, writing a business plan can very well be a very time-consuming task, especially if one wants to invest quite a bit of time with regard to the thought one puts into said business plan. …

Understanding the Importance of a Business Plan Template

A business plan is a vital element to securing finance from any potential investor, and without a confident plan in place, you are unlikely to receive funding. This document is needed for every business to show that you understand the potential, goals and strategies of the financial side.

The detailed information which the business plan contains will show potential investors what financial risks if any they are taking. Investors are being used more and more for the start up costs …

How Long Should Your Business Plan Be?

When it comes to creating an impressive business plan, length might seem irrelevant, but it can actually play a big role in how you use your plan down the road and how potential investors respond after reading it. The page count itself is not as important as how you present your plan as a whole. The length of your business plan should be tailored to your unique ideas, strategies and goals. This is especially important if you want to request …

What Information Should Your Business Plan for Investors Include?

The first thing to include on a business plan is what your company sells, how long it has been in operation, how many employees and so on. This gives the investors the basic feel for your business.

Next, state why the consumers will buy your products or services. Explain this in depth to the point of even mentioning the latest innovations you have made. Investors need to know your products or services are in demand by the consumers.

Write up …