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To Invest in a Qualified Business Plan is a Fundamental Strategy.

November 29th, 2017 · No Comments

Your Business Plan is your “road map” of your enterprise and shows you where you want to go. It is to become your checking list to follow up, the same way an orderly routined pilot does, before taking off his plane.

To Invest in a Qualified Business Plan is a Fundamental Strategy

By: Elsa Hedenberg

Before you start reading any arguments about why you should have a super professional Business Plan for your new venture, you might as well first take a look at those lean statistics.

* Only 400 out of 40.000 new ventures are funded by Venture Capitalists (VCs).
* Only about 4.000 ideas reach the pre-business plan stage.
* Only 400 entrepreneurs have available some kind of business plan.
* Only 40 out of them receive some funding by business angels or any other sources.

Statistics also tell us that there is more money looking for good projects than vice versa. Why then is it so difficult to raise money?

It is all about investing on a qualified Business Plan.
This is a methodical first step that leads to the anticipated Fundings.

Your Business Plan is your “road map” of your enterprise and shows you where you want to go. It is to become your checking list to follow up, the same way an orderly routined pilot does, before taking off his plane.
As Henry Kissinger remarkably said: “If you do not know where you are going, every road will get you nowhere

Why let Professionals Prepare A Business Plan for you?

READ THE ENTIRE ARTICLE HERE: https://franchisegrowthsolutions.com/blog-1/

Author Bio
Elsa Hedenberg has an extensive experience in consumer products marketing and has a degree in consumer’s psychology. Has published business articles in business magazines, in Swedish and English.

Article Source: http://www.ArticleGeek.com – Free Website Content

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Tags: Business Plans · Entrepreneurs · For Franchisees: · FRANCHSIORS · Strategy · Training and Coaching

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