PERSPECTIVES ON BUSINESSsm
Tip #19 -
AVOIDING BUSINESS PLAN
CONSIDER THIS: You are a partner in a
real estate development project. You want to convert a
dilapidated turn-of-the-century hotel into condominiums.
Some associates think you are a dreamer to even attempt the
project. You need a tool to help you obtain capital and then
guide the renovations. What should you do?
This tip walks you through three major errors found in
many business plans:
- Why you need a well-developed business plan in the
- When entrepreneurial enthusiasm, so important in the
success of many projects, can also be a liability.
- How to maximize the credibility of your business plan,
to ensure the greatest likelihood of acceptance by bankers, investors,
trustees and other important parties.
- Why you should regard your business plan as a sales
tool - the importance of writing the plan in pragmatic,
out our Manual: Developing Your Strategic Plansm
or YOUR Business Developmentsm
Guaranteed to IMPROVE YOUR RESULTS!!
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