Business Plan
Most entrepreneurs spend hours working on their product and for several months when starting their business. Research is great, however, there becomes a point where you have to test your business idea and find out whether your product will sell. There is no value in holding onto a product for until it’s 100% complete and when it’s released onto the …
If you are writing your business plan then you need to read this. 90% of what you are writing will not be read. I am not saying you are wasting your time writing a detailed business plan. I am saying you are focussing 5% of your time on the section of your business plan that most investors and institutions based …
If your business requires investment, then it is likely you will have to write a business plan. Writing a business plan is not that difficult just as long as you understand what the potential investor is expecting to see. Below are some of the common business plan mistakes made by entrepreneurs. 1. They Don’t Understand The Purpose Of The Plan …
Many entrepreneurs get confused about what to include in their business plan. In short, there is no correct answer. What you include in your business plan depends on the business, the purpose of the business plan and the intended audience. There are however some core components every business plan should include. Below is an explanation of how to write a business …
