How to Write a Business Plan

168 | HOW TO WRITE A BUSINESS PLAN When your plan is complete, make a point to hang onto the original; don’t give it away. Also, ...

ChApter 9 | EDITING AND FINALIzING YOUR BUSINESS PLAN | 169 Antoinette’s Discouraging Moment Antoinette was pleased with her pla ...

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10 C hAp t e r Selling Your Business Plan ...................................................................................... ...

172 | HOW TO WRITE A BUSINESS PLAN How to Ask for the Money You Need Once your business plan has been polished to perfection, yo ...

ChApter 10 | SELLING YOUR BUSINESS PLAN | 173 Meet Your Backers Show up on time, well-prepared to answer any questions that may ...

174 | HOW TO WRITE A BUSINESS PLAN Ask for the Money Here’s one bit of essential advice about meeting with your backers: You mus ...

ChApter 10 | SELLING YOUR BUSINESS PLAN | 175 If you want to ask a relative or friend for a loan, much of your approach depends ...

176 | HOW TO WRITE A BUSINESS PLAN stage so that you get the full benefit of their good ideas. If your business will have enthus ...

ChApter 10 | SELLING YOUR BUSINESS PLAN | 177 Here are a few things to emphasize when talking to bankers: • Your other bank bu ...

178 | HOW TO WRITE A BUSINESS PLAN even understand there is a possibility she may lose the entire investment if things go very b ...

ChApter 10 | SELLING YOUR BUSINESS PLAN | 179 Don’t answer on the spot. Take the proposal home and see if you can live with it. ...

180 | HOW TO WRITE A BUSINESS PLAN exAmple 1: Promissory Note Robert Lee of 1411 South St., Homer, Alaska, and Gertrude Fox of 1 ...

ChApter 10 | SELLING YOUR BUSINESS PLAN | 181 Equity Investments If you plan to arrange for an equity investment, you have consi ...

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11 C hAp t e r After You Open—Keeping on the Path to Success .................................... Introduction ................. ...

184 | HOW TO WRITE A BUSINESS PLAN Introduction If you have followed all the steps in this book, you have completed a thorough p ...

ChApter 11 | AFTER YOU OPEN—KEEPING ON THE PATH TO SUCCESS | 185 business success: customers, suppliers, and employees. Again, e ...

186 | HOW TO WRITE A BUSINESS PLAN Axiom: The business owner constantly makes small corrections to keep the business on course. ...

ChApter 11 | AFTER YOU OPEN—KEEPING ON THE PATH TO SUCCESS | 187 Axiom: You need a flexible continuing operating plan for your b ...