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5 Steps for Composing a Business Plan

Below are 5 steps for composing a successful business plan.

1. Make an Outline

Start with a standard template for a business plan. There should be 10 parts to this plan in this exact order: A. Executive Summary, B. Company Analysis, C. Industry Analysis, D. Customer Analysis, E. Competitive Analysis, F. Marketing Plan, G. Operations Plan, H. Management Team, I. Financial Plan and J. Appendix. Take what you know about each category and write it in the appropriate area. Never …

How to Grab an Investor’s Attention Quickly

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!

To achieve this there are three things you must do:

1. Describe what the company does…

Answer this and writing the business plan will be easy

Watch this free presentation and find out how other entrepreneurs wrote their business plans in just one day!

Ask yourself these three major questions before writing your Business Plan:

1. How much money do I need?

Do not just guess. It is better is your are specific to the dollar and come up with different ways of actions depending on how much money you raise. The common question venture capitalists ask is how you would use less money than you …

Do you have a business plan ready?

Have you started working on a business plan? Even if you have or even if you are just about to send it to some investors stop for a moment and consider the advice below. Read it and make sure whatever you write from now on will be perfect:

A business plan is an index of your thoughts and your business; the first contact investors have with your venture business. If certain points are not touched, the investors will forget about …

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