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  1. The purpose of this note is three-fold: To provide a set of guidelines on how to write a business plan. To highlight what a prospective investor or banker is, and is not, looking for in such a plan. To provide a summary check list of the attributes of good business plans. The note does not provide a magic formula to be followed.

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  2. Jan 5, 2007 · business plan. But it is not an intimidating process — and a good business plan focuses the mind as well as helping to secure finance and support. The business plan will clarify your main business idea and define your long-term objectives. It provides a blueprint for running the business and a series of benchmarks to check your progress against.

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  3. First, a business plan helps provide direction by making you discuss where you want to take the venture and define what you want out of it. Second, a business plan provides structure to your thinking and helps you make sure you’ve covered all of the important areas.

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  4. INTRODUCTION. This textbook and its accompanying spreadsheet templates were designed with and for students wanting a practical and easy-to-follow guide for developing a business plan. It follows a unique format that both explains what to do and demonstrates how to do it. MAIN BODY. CHAPTER 1 – DEVELOPING A BUSINESS PLAN. LEARNING OBJECTIVES.

  5. This section provides a strategic overview of the business and describes how the company is organized, what products and services it offers/will offer, and goes into further detail on the business’ unique qualifications in serving its target markets.

  6. writing a business plan forces business owners and entrepreneurs to thoroughly think through their business idea, gain a deep understanding of their market, identify challenges, and set benchmarks against which they can measure progress.

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  8. Success requires hard work and careful planning. A business plan is the owner’s road map for a successful enterprise—a blueprint, a statement of goals and hopes, a compass, and a guideline to planned action. It is the cur-rent and futuristic image of the business.

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