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You have a great idea, loads of experience in the industry, but you’ve never had to produce a document like this before…Don’t worry!We’re here to help you create a business plan that is well structured to aid you in securing the financing you may need to get your business off the ground."Don't get mesmerized by the attractive macro data you can find on the web," said Dr.
You'll want to have a clear, objective map that you can follow step by step while developing your business.
"A business plan is absolutely vital as it navigates your business on the road to success," said Joel Klein, founder and producer of Biz Tank and the B-Tank platforms.
"Raising money too soon is a distraction, and has big downsides …
not the least of which is eventually losing control," he said.
Cohen, an operating partner at Altamont Capital Partners and member of board of directors of Access Insurance Company.
"Too many companies treat it as a confidential document to be kept away from the 'prying eyes' of the rank-and-file employees.
It can also help to convince customers, suppliers and potential employees to support you.
We understand that writing a business plan can be a daunting experience.
Additionally, research critical success factors, or important areas to focus on when investing in a project.
Some examples are finding the right location, competing with like companies and retaining efficient employees.