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your business plan
Capitalizing your business is a full time endeavor.
Developing your business plan is the single most important step
you can take toward your success. To maximize your potential to receive
capital, it is vital that you develop a business plan that will guide
your company and allow outsiders to picture where you are going and how
you plan to get there. Take
great care in preparing your plan, it is the road map that will lead you
where you want to go.
or Investors, which way do I go?
They tend to look at transactions from very different perspectives.
Lenders are mostly concerned with "Can you repay?".
investors are more interested in "How far can you go?"
There are certain items of information common to both.
That will be the information to be disclosed at the start.
A business plan is a selling document. It
should demonstrate that a business can sell enough of its products or
services to generate a profit and thus attract investors or lenders. The
overall objective of a business plan is to sell the theory of the business
to potential investors or lenders as well as to assist the entrepreneur
in planning for all aspects of his or her growing business.
Business Plan should be according to the following criteria:
The writing should be clear and concise
The writing should include the important factors but should not be too
Special attention should be given to the layout
The Executive Summary is the
most important part of the document as it is usually read first to get
an overview of the document
Proper management qualifications should be highlighted to create a feeling
The plan should indicate that you are aware on market happenings.
Indicate who the competition is
Should not have an unusual accounting format
Recommended further reading:
on a world wide level
The executive summary
Interesting project financing
Suggested Banks in the USA
on Project Financing
Plan information and resources