Write a Business Plan That Will Get Your Business Financed
A business plan is a comprehensive description and reflection of three things: what your business offers, to whom, and how it is going to be a success. It is relatively easy to say "I sell hot buns to people rushing to work on cold mornings in the winter". It is so much harder to describe why those hot buns are going to be a success, taking into account a myriad of factors such as competition, distribution channels, human resources, among many others. In this book, I will tell you how to successfully present your business to a financing organization. I devote extra attention to presenting your business' future success on paper. Also, since you, like many people, are most likely to be asking someone else (a bank, a grant organization, or even a wealthy uncle) to finance your business, you will need to write your business plan to satisfy your financer's unique way of evaluating it. This book will help you do just that and more.
A generic business plan is a business plan that you can write for any and every application including for your own business planning purposes, for a bank, a landlord, a rich uncle, and virtually anybody who is willing to give you a place, money, expertise, tools / equipment, send customers your way, or otherwise help you get the business off the ground and going. A generic business plan is the most difficult one to write as you have very few guidelines. However, you will be expected to demonstrate the knowledge of what a business plan should include and present all of the necessary parts in your business plan comprehensively. In other words, when writing a generic business plan, you are still pretty much following a template, only this time it is your own template.