“Write a Business Plan”. If there is one phrase that can bring pause – or panic – to an entrepreneur it may be those four words. This phrase is uttered tens of thousands of times a days by entrepreneurs, managers, investors, board members, and other stakeholders across the globe. Whether you are operating a startup…
This is the first in an ongoing series of audio podcasts with Burke Franklin, founder and CEO of Jian Software, the publisher of business planning software, Biz Plan Builder, as well as many other business productivity software titles. In each audio podcast, Burke tackles topics related to planning, starting, financing, and growing an entrepreneurial venture…
Ask ten investors what the most important section of a business plan is, and you are likely to get back a variety of answers. For some, management team is the section to which they turn first. Others begin by reading about the market opportunity and your proposed solution to determine their level of interest. While…
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…
“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.”