Growthink Inc

Addressing Funding Sources in Your Business Plan

Your business plan's financial section should include a chart showing where you intend to find the necessary funding to launch the business, the amounts from each source, and the specific uses of the capital you will raise. You must account for the use of... Read >

Pieces of a Business Plan: Sales Plan

Your business plan must include some description of your plan to sell your product or service. Selling is the final step in the marketing process and includes closing transactions with interested customers and up selling them to additional products and se... Read >

Business Plan Writing Services: Here are Your Options

You may decide very early in your business plan writing process that you want professional help with your business plan writing. This may be because you feel the quality of your writing will not be good enough or because you do not know how to create fina... Read >

Good Business Plan Advice: Tips for Handling Risks

Writing in detail about the risks and potential pitfalls that face your business in your business plan may not be intuitive. After all, isn't this document a sales tool with which you hope to convince funders that the business is more or less a sure thing... Read >

Templates and Business Plans: How to Get a Head Start

Writing a startup business plan from scratch means doing a lot of needless work. Why not get a head start by jumping off from the work of experienced business plan consultants? Using a business plan template is a sure way is a sure way to avoid all of the... Read >

Starting a Business Plan: Advice on Writer's Block

Writing a business plan is a feared part of launching a new business, and it is natural for entrepreneurs to have some uneasiness about getting started on the document. This is because the ability of the business to raise money is based to a great extent... Read >

Outlining Your Business Plan: Internal vs. External Planning

Whether you create a business plan for external sources (generally potential investors, lenders, or partners) or for internal guidance for your management and staff, the outline of required sections is generally the same. However, there are some key diffe... Read >

Business Plans Made Easy: Working With A Consultant

Working with a business plan consultant can take a great load off of your shoulders, giving you a knowledgeable partner and advisor in the business plan development process. Consultants can usually take on the entire business plan development, even includ... Read >

Private Placement Services: Here Are Your Options

When you are ready to seek private investment in your business, a private placement memorandum may be required by your state's law. Even if it is not, this document is highly recommended as it can protect your business from claims of fraud down the road w... Read >

Business Plan Success Steps For a First-Timer

When writing your first business plan (and perhaps what you hope is your only business plan), you will naturally be a bit unsure about how to proceed. Although a wealth of information about business plan writing is available, knowing how to focus your wri... Read >

Business Plan Checklist for Entrepreneurs

Use the following checklist and make sure you can answer all of the questions here positively to be certain you've covered the essential steps of creating a business plan: Cover Sheet: Is it simple, formal, and easy to read? Does it include the busine... Read >

How to Prepare a Business Plan: Top Mistakes to Avoid

To assist in your business plan preparation, avoid these three mistakes commonly made by entrepreneurs. Looking Only at Competitor Weaknesses Readers can see if you are doing this in a second. For example, if you mention a competitor business who h... Read >

Is There Such Thing as a Perfect Business Plan?

There is no such thing as a perfect business plan, as even the best business plans can use some improvement. However, by thinking carefully about the steps you take to create your business plan you can improve your business plan writing process. With the ... Read >

Private Placement Memoranda: The Role that Lawyers Play

There are numerous legal concerns in the creation of a private placement memorandum (PPM) and it is definitely recommended that a lawyer review the document at some point. However, there are both pros and cons to retaining a lawyer's services to draft the... Read >

Finding Comprehensive Business Plan Help

There are a number of ways to find comprehensive help in creating your own business plan. Each offer their own pros and cons. Generally, the more cash you have available to put into the product you choose, the more value you will get back. Book At ... Read >