Developing a Business Plan

Entrepreneurs often spend hundreds, if not thousands, of hours thinking about and planning for a new business. If they are wise, they also go through the formal exercise of developing a business plan, which can produce several important benefits: 1. A business plan will be an essential part of any request for financing. A well-prepared … Continue reading “Developing a Business Plan”

Developing a Business Plan

Entrepreneurs often spend hundreds, if not thousands, of hours thinking about and planning for a new business. If they are wise, they also go through the formal exercise of developing a business plan, which can produce several important benefits: 1. A business plan will be an essential part of any request for financing. A well-prepared … Continue reading “Developing a Business Plan”