Reasons For Writing A Business Plan

Reasons For Writing A Business Plan-78
Take a look at Finance for more information on applying for finance.

Take a look at Finance for more information on applying for finance.

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Even if you’re not actively seeking financing, what if an opportunity arises for someone to invest in your startup or otherwise help you launch?

If your business plan is ready to go, you can hand it over and impress them.

It gives your business direction, defines your objectives, maps out strategies to achieve your goals and helps you to manage possible bumps in the road.

Preparing a business plan will help you work out the goals you want to achieve, and the strategies to achieve them.

When you think about “writing a business plan,” what comes to mind?

I know—it’s not exactly the most exciting part of launching a business.

As an impatient entrepreneur myself, I totally relate to this reluctance.

Particularly if you’ve worked in an industry for a while—for example, you’re a software engineer and want to start your own software company—you may feel it’s redundant to write a business plan.

If you want in-person help, the experts at SCORE can walk you through the process of writing a business plan step-by-step.

Also, read SCORE’s Business Plan Resources Page for tons of tools, templates, blogs and webinars.


Comments Reasons For Writing A Business Plan

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