Inc.com | Resource Center: Start-Up
Inc.com | Resource Center: Start-Up: "
This Week's Column
by Tim Faley
Creating Your Business Plan
Some entrepreneurs view the business plan as a to-do list item that must be checked off before meeting with banks, angel investors, or venture capitalists can be scheduled. While investors will want to see your plan, the business plan is first and foremost your business's operational document. It should lay a solid foundation upon which your business can be built, and should be treated as a living document -- one that grows and changes with your business.
Many books and articles have been written on writing business plans. Ernst & Young's 'Guide to Producing a Business Plan' is a good, concise document to help you get started. Key questions (some of which you'll have answered when you determined the feasibility of your idea) that you'll need to address as you prepare your plan are: (continued on next page)"
This Week's Column
by Tim Faley
Creating Your Business Plan
Some entrepreneurs view the business plan as a to-do list item that must be checked off before meeting with banks, angel investors, or venture capitalists can be scheduled. While investors will want to see your plan, the business plan is first and foremost your business's operational document. It should lay a solid foundation upon which your business can be built, and should be treated as a living document -- one that grows and changes with your business.
Many books and articles have been written on writing business plans. Ernst & Young's 'Guide to Producing a Business Plan' is a good, concise document to help you get started. Key questions (some of which you'll have answered when you determined the feasibility of your idea) that you'll need to address as you prepare your plan are: (continued on next page)"
posted by Daryl at 8:13 PM
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