What Is Your Business Plan

What Is Your Business Plan-13
A well-written business plan can help convince investors or lenders to finance your business.

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Writing a business plan is an opportunity to carefully think through every step of starting your company so you can prepare for success.

This is your chance to discover any weaknesses in your business idea, identify opportunities you may not have considered, and plan how you will deal with challenges that are likely to arise.

Lenders want to know why consumers would want to make a purchase at your small business instead of a competitor’s.

You also need to include your business’s mission statement.

You put a lot of thought into your original business concept.

Now you need to know how to succinctly describe your business.

You need to know how to pitch to investors and lenders to captivate their interest. You want to verify that the name of your business is clear in the business description of your business plan.

Your information should answer who, what, where, when, why, and how right off the bat. And, include your name because lenders and investors want to know the entrepreneur who started the business. When you describe your business, make sure you know who you appeal to.

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Ann’s Office Hut will conveniently provide office supplies to small business owners who are short on time.

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Comments What Is Your Business Plan

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    How to write a company description for a business plan. You put a lot of thought into your original business concept. Now you need to know how to succinctly describe your business. What is a business plan? A company description is just one part of your small business plan. The business plan outlines your goals and how to achieve them.…

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