The 10 qualities of a winning business plan
You may be qualified and ready to run your business. But that doesn’t mean you’re qualified and ready to write your own business plan.
Whether you’re testing the waters on your business idea, looking for funding, or attracting equity investors, the quality of your business plan – and the soundness of your financials – is key.
“You have to have a pretty good handle on the financials,” says Arlene Anderson, president of Business Advice, “in order to move forward confidently.” Most of the hundreds of business owners she and her team at Business Advice have written business plans for are weakest with the financials.
Whether you write your own business plan or hire expert help, the finished product should reflect the following 10 qualities.