By On Oct 13, 2018 Business Plan
These middle-stage enterprises may draft plans to help them find funding for growth just as the startups do, although the amounts they seek may be larger and the investors more willing. They may feel the need for a written plan to help manage an already rapidly growing business. Or a plan may be seen as a valuable tool to be used to convey the mission and prospects of the business to customers, suppliers or others.
Most books on business planning seem to be aimed at these startup business owners. Theres one good reason for that: As the least experienced of the potential plan writers, they are probably most appreciative of the guidance. However, it is a mistake to think that only cash-starved startups need business plans. Business owners find plans useful at all stages of their companies existence, whether they are seeking financing or trying to figure out how to invest a surplus.
The reason that plan selection is so important is that it has a powerful effect on the overall impact of your plan. You want your plan to present you and your business in the best, most accurate light. Thats true no matter what you intend to use your plan for, whether its destined for presentation at a venture capital conference, or will never leave your own office or be seen outside internal strategy sessions.
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