By Dixie V. Martelli on July 12 2018 10:38:11
Start from the very beginning understanding that your business plan ought to be specific to your business needs and objectives. Every business ought to have a plan, but not every business needs a full formal plan with carefully crafted summaries and descriptions.
Don’t make common mistakes. I’ve seen thousands of business plans, good and bad, and I can tell you that avoiding these common business planning errors will put you far ahead of the curve.
An excellent place to start your search for good examples of business plans is the Business Network office in your region. Our Business Information Officers are able to provide you with access to materials that can be tailored to your needs. Your local Business Network centre offers a wealth of information, including practical tools, guides, and specific examples on how to start the planning process.
Prospective business owners sometimes wonder if they really need to write a business plan, particularly if they’re not seeking a bank loan. However, if you want to clarify your thinking, set a tone and direction for your business, and a deeper understanding of your market, the answer is certainly ‘yes you do’.
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