Great Business Plan

Business is like chess. To be successful, you must anticipate several moves in advance. In my experience with thousands of entrepreneurial startups, business plans rank no higher than 2-on a scale from 1 to 10- as a predictor of a new venture’s success. What’s wrong with most business plans? The answer is that most people waste ink on numbers and devote too little to the information that matters to intelligent investors.

The Four interdependent factors critical to every new venture when considering writing a great business plan:

1. People: Without the right team, none of the other parts really matters. Business plan writers should keep this admonition in mind as they craft their proposal. Talk about the people -exhaustively.

2. Opportunity: When it comes to the opportunity itself, a good business plan begins by focusing on two questions: is the total market for the venture’s product or service large, rapidly growing or both? Is the industry now, or can it become ,structurally attractive ?Entrepreneurs and investors look for large or rapidly growing markets mainly because it is often easier to obtain a share of a growing market than to fight with entrenched competitors for a share of a mature or stagnant market .Many investors will not invest in a company that cannot reach a significant scale (that is $50 million in annual revenues ) within five years .

3. The Context: The big picture -the regulatory environment, interest rates, demographics trends, inflation, and the like -basically, factors that inevitably change but cannot be controlled by the entrepreneur.

4. Risk and Reward: An assessment of everything that can go wrong and right, and a discussion of how the entrepreneurial team can respond.

Ready to make your business dreams a reality? Head over to our website https://www.optima-strateconsulting.com and take the first step towards success by signing up for free single consultation or Click on START HERE our web Homepage to fill your company information on our website together with your contact information and the reason of contacting us. Somebody from our team will give you a call and schedule for the consultation. Or give us a call today on (713)562-6460.