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Moreover though, a solid business plan is a living document that will continue to guide your efforts as your business grows.Recently, I shared 18 Mistakes That Kill Startups, an infographic created by Mark Vital over at Funders and Founders.
A lot of those mistakes (most of them, in fact) are the result of poor planning.
Bad location, a marginal niche, having no specific user in mind, raising too much or too little money--all of these issues can be prevented or at least mitigated with good planning.
This advertising model, like others you see on Inc, supports the independent journalism you find on this site.
When it comes to the business plan cover page, you’ll find opinion is divided.
Creating your business plan is more than just getting your ideas down on paper for potential funders to see.
It's an exploratory process in which you can evaluate your options, test your assumptions about your idea, and even discover new opportunities.We at Brain Hive use a combination of a minimalist cover sheet and an overview.Others like to design the cover page in a special way for investors to see.In other words, no one is telling our reporters or editors what to write or to include any particular positive or negative information about these products or services in the article.The article's content is entirely at the discretion of the reporter and editor.It is acknowledged by reader that information to be furnished in this Business Plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use by same of reader, may cause serious harm or damage to OBRA e-z, Inc.Larry Kim is the CEO of Mobile Monkey, a chatbot building platform for marketers that enables mobile messaging between businesses and customers via Facebook Messenger.Because that's the thing--your business plan is a pretty important.Any funder worth his or her salt wants to see it right off the bat.He’s also the founder of Word Stream, the World’s top PPC marketing software company. It's definitely not the most exciting part of starting a business.You can subscribe to Kim's business growth tips by email, or connect on Linked In, Twitter and Facebook. In fact, if you're like a lot of entrepreneurs, you're probably going to find yourself pulling a few all-nighters to get one done before heading into your first pitch for funding.