Business Plans
Business Plans are an essential tool in receiving business loans, and venture capital. Articles presented below, provide tips concerning writing business plans along with some of the elements you may face when seeking funding for your business. To receive business loans, venture capital, or any type of business finance you will need to provide clear and concise information in the form of a business plan that shows the funder you have spent time thinking about the pros and cons of your business and the industry.
Unfortunately we see a large number of business plans that are only10 pages, or maybe 30 pages.
To us, that is just a long summary. Your business plan needs to be packed with details and every statement needs to be backed up with supporting documentation. Yes, it is a tremendous amount of work, but if you were the funding source would you prefer to provide funding to someone who has done their homework, or somebody who is just trying to throw things at the wall and see what sticks. We understand everybody likes to walk their own path, so this web site and the articles presented about business plans are only meant to provide some assistance and some guidelines.
When you have questions, or decide you need assistance writing your business plan, don’t hesitate to contact us.
Detailed Use of Funds
Detailed Use of Funds - Use of Proceeds Providing the Detailed Use of Funds is critical in all business plans. When pursuing business capital, the desired use of the proceeds received from a business loan or venture capital transaction is detailed in the...
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