AnnKOrr

asked Feb 6, 2020 at 2:38am
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A Standard Business Plan Outline

Start from the very beginning understanding that your business plan ought to be specific to your business needs and objectives. There are many reasons why every company should have a business plan, but not every business needs a full formal plan with carefully crafted summaries and descriptions.

If you don't have a specific immediate need to show a formal business plan to a banker or investor, then you are probably better off doing just a lean business plan, for your internal use only.

To make the best impression on banks and investors, your business plan should be presented in the standard business plan format and contain the necessary business plan elements.

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