Today, I am going to briefly review the reasons for writing a business plan as well as provide an overview of the three main types of business plans. Why Should You Write a Business Plan? People write a business plan for many reasons. The most common reason entrepreneurs give for writing a business plan is…
I am often asked by our business plan software customers to assist them in determining their best options for raising capital. Having been down that path many times, I always try and impart whatever knowledge or wisdom I can to help them smooth the road ahead. Raising capital is not easy. It takes time, energy…
Any entrepreneur who has started a business and needed to raise capital to grow has probably received this same bit of wisdom – “You’ll need to get your friends and family to invest”. Sarcastically you reply, “Great, I never would have thought of that”. Now that your sarcasm has made you feel much better, the…
“Around the globe, investors complain about a lack of investment readiness among their potential investees. What they want to hear is a compelling impact story based on a sound financial bottom line – preferably in a language they can easily understand.”
Whether you are an entrepreneur launching your first startup or an experienced executive at the helm of a fast growth enterprise, you most likely seek out advice daily on a wide range of topics. None of us is an island. We all need to turn to others for help, for advice, for expertise we don’t…