Correctly written business plan is not only the key for investment opportunities, but also a guarantee that your business will grow successfully. Basic tips for drawing up the plan are only two. Do not attempt to download a ready-made business plan on the Internet: Use ready-made templates, but think about and write everything yourself.
A well-written business plan has three important tasks. First, it denotes common purpose. Second, when thoughts put down on paper, it has the opportunity to look closely and reflect on the feasibility of the project. Finally, the business plan should attract professional investors who only have time to skim the proposed their projects.

Creating a clear business plan requires time and money. You can order it to companies specializing in the writing of business plans. At the same time most businesses receive from the consultants the pages 30-40document, which does not disclose even the most basic questions: what does the company and where the profit is taken.
Investors are unlikely to like such business plan. If after reading the first few lines the essence of the business plan remains unclear, it is a bad sign. It is not only a coherent concept. The competitive advantage of this project in their field should be explained in few sentences because the investor needs to know exactly how you're going to be successful.
In the effective business plan there must be is the value of the project, why people should pay for the product or service, how much money they will need to start, what are the possibilities of growth, what are the risks and how the entrepreneur plans to deal with them, who are the competitors, who partners, who are members of the team.
It should include a detailed description and all sources of income and expenses. The essential question is: how much profit will the business bring? And more importantly: when will venture generate revenue? Therefore, the business plan needs a section containing the latest financial figures (if applicable company) or forecasts.
For start-up companies with limited resources are critical statements of cash flows, which reflect accounts receivable and payable for each quarter.

Grind your plan to shine, do not send it gather dust on a long box. Business plan - this is only the beginning of the process. Planning enterprise activities is like lead ship at sea: you have to constantly adjust course. Plan itself is of little value. It is important to come back to it and see where you were wrong, and what it cost you.

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