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You’ve reviewed what a business plan is, and why you need one to start and grow your business. It’s time to dig into the process of actually writing a business plan. Whether you’re trying to raise money for your business or are developing a plan for strategic growth, a solid business plan is a key component to every successful business.
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Writing a business plan for a new nonprofit is essential, and this guide will show you exactly what to include and how to put it together. Without a business plan, it’s easy to lose direction, harder to recruit quality personnel, and nearly impossible to successfully apply for funding.
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Will the business plan consultant I choose write the business plan for me? Be wary of companies that promise that they will just “write a business plan for you.” Numerous so-called business plan writers take this approach and charge you next to nothing for such a service.
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A business plan is a document that summarizes the operational and financial objectives of a business and contains the detailed plans and budgets showing how the objectives are to be realized.