Simple Business Plan
So you have decided to start your own business! Congratulations!
Creating a business plan is a must for all new start-ups. There are several options for completing a business plan from simple to very complex. The latter are reserved for start-ups that intend to seek funding from a financial institution.
Why a business plan?
According to a Bloomberg report, 8 out of 10 start-up businesses will fail. Don't get discouraged. One of the primary reasons for failure is the owner is not planning, and thinking about how to make their business successful. Failing to consider pricing structure and reviewing the competition is another reason for failure.
Writing a business plan will help you plan your business, develop a profitable pricing structure, and identify the challenges you will have to overcome to make your business successful. If you are just getting started, or considering a start-up business, then this quick start up business plan is for you and it will greatly increase your chances for success to become 2 out of 10 that are successful!!!
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