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The One Essential Element Most Business Plans Miss
StartupNation
administrator Posts: 625 Site Admin
The One Essential Element Most Business Plans Miss
What most entrepreneurs don't know about is the kind of plan that attracts funding. Such business plans have one key element: they focus on marketing.
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Depending on your vision of large you want to grow and how many employees you want to be able to accommodate, your technology plan on what software and hardware you'll need should be worked into your business plan as well.
I.E. will you have a server on premise to manage services or will you go the cloud route. Do you need any additional applications or hardware to run your business and can they be managed by yourself or an in-house IT person once you grow large enough.
A technology roadmap might not be critical in your first year but definitely something you want to have an update as your business grows.
Resolute Technology Solutions
IT Consulting | IT Managed Services
Indeed, a business plan is a fundamental aspect of the implementation of any business idea, and its careful preparation allows to assess a variety of risks and avoid them at the stage of starting a business or expanding it. This stage helps to control the project in the process of its implementation. And I think that this step shouldn't be missed because this is the foundation for a startup.
Community Manager
StartupNation, LLC
It’s a proven fact that a business plan raises startup success chances by 16%. Besides, 71% of fast-developing companies have a detailed business plan. I found article about "how to create business plan for startup", you can find it in Cleveroad blog. Also here is templates examples of business plan.
I am here to help startups with good business plans, we will fund your business and discuss about the risks too, give us your email address if your have a startup that needs funding.
Do not let anyone talk you out of your dreams.
Regards
Raymond Business.
Nice article