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The business plan will clear up your business approximation and define your long-term objectives.
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Do you need a preface for a business plan?
To gain start-up capital for a new business, or to secure investment money for expanding an existing one, you need a strong business plan. To ensure that your plan will get read, you will need an equally strong preface, which is also called an executive summary.
Which is the best example of a preface?
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What should be the first paragraph of a business plan?
Write the first paragraph in an engaging manner. The sooner you can grab and hold the reader's attention, the better. Just as the preface is designed to get the plan read, the first few lines should convince the reader to read the plan. Describe what your business does, the niche it fills, and the opportunity it offers.
What should be included in a business plan?
A business plan is a detailed blueprint for the activities needed to establish a business (i.e. the details of a product or service, the market for that product or service, and the management of the business providing that product or service). A business plan is also the ‘yardstick’ by which a business owner measures success in
Last Update: Oct 2021
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