Tag: business funding

What Goes In a Good Business Plan?

Whether to secure venture capital investments or just to take a long hard look at your potential business before you invest any money, a business plan can help you identify the pitfalls, strategize your market planning and help to keep your focus on your own personal road to success.

The initial page or pages of your business plan should spell out your actual business, from nuts to bolts. While you may know that your idea is a winner, the business plan is where you pen out your plan to succeed. Your business plan should be a summary of your business goals, what your company does, how it will make money and why customers will want to pay for your product or service, what kind of budget is needed and how it will be spent.

Apr 20, 2015