Tuesday 21 February 2012

Three rules to help you write your own business plan

We all know that receiving funding for a project is not an easy task. No one wants to throw cash at us without expecting anything in return. That’s why every time you seek support for your business you need to come up with a plan. You must convince the investor that your project is both feasible and attainable. If you decide to write your business plan yourself keep in mind the following:
  • Document your work. A good business plan is always based on research.  Take time and analyze every little aspect of your business. Search your potential clients, your direct competitors and find out what are the best methods to promote your business. Most important research aspects of your business that are not so well-known but that might be of interest to the investors. In business plan writing documenting your work ensures you a competitive advantage over your counterparts
  • Write in first person using clear and concise words. First person writing is catchier and makes the investor feel like you are part of your business. Do not use impressive words and long sentences. Present your idea in a clear and concise manner. This style is appreciated every time.
  • Make sure you cover every aspect of your business.  You need to convince your investor that you know everything there is to know about your business. Omitting important aspects of your business is like condemning your idea to failure.
If you are too busy to write your own business plan I can help you for a fair price.

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