Bicycle Business Plan

Bicycle Business Plan-75
Entrepreneurs are by nature confident, positive, can-do people.

Then work to accomplish your secondary objective by focusing on your readers.

Even though you may be creating a business plan solely for your own purposes, at some point you may decide to seek financing or to bring on other investors, so make sure your Summary meets their needs as well.

Your Summary describes the highlights of your plan, includes only the most critical points, and leaves out less important issues and factors.

As you develop your Summary you will naturally focus on the issues that contribute most to potential success.

Maybe you think you don't need a template for writing a business plan.

After all, some entrepreneurs succeed without writing a business plan.

It should flesh out strategic plans, develop marketing and sales plans, create the foundation for smooth operations, and maybe--just maybe--convince a lender or investor to jump on board.

For many entrepreneurs, developing a business plan is the first step in the process of deciding whether to actually start a business.

As a new company, you will likely be an unknown quantity in your market.

Setting up a joint venture with an established partner could make all the difference in getting your business off the ground. Maybe, after evaluating the competition, you realize your plan to be the low-cost provider isn't feasible since the profit margins will be too low to cover your costs.

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