Feb 16 2009
Sample Business Plans
Getting Started with Sample Business Plans
A few years ago, I decided to quit my day job and become my own boss. I had a great idea for an Internet/mail order company, and knew that I could make it work if given the right resources. Of course, to a would-be entrepreneur, “resources” usually means capital, which was definitely the case for me. I just didn’t have the money to get things rolling, but if I didn’t get in the game immediately, my chances of success would diminish. The smartest move I ever made was to review as many sample business plans as possible, and then model my own document on the best ones.
Why are sample business plans so important? Well, the main reason is that no banks or venture capitalists will take you seriously unless you can provide them with a formal statement about your proposed enterprise that includes specific goals and ways to achieve those goals. This document is by far the most critical sales pitch you’ll ever make as an entrepreneur, so you have to make sure that it’s perfect in terms of format and content. That’s where sample business plans come into play. After all, if you’ve never written one before, how will you know what you need to include?
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