7 Reasons Your Business Can’t Survive Without A Business Plan in 2022
You must have heard the famous saying; entrepreneurs don’t plan to fail, they fail to plan. We regret to be harsh, but the truth is that 90% of startups fail. 21.5 % of startups get wiped out in the first year, 30% in the second year, and 70% in the 10th year. These staggeringly …
Business Plan Writing- What it Is and 13 Reasons You Should Have a Business Plan
Business plan writing is crucial to ensure long-term success and create a detailed written plan of where your company is headed. According to the USA Bureau of Labor Statistics, 20% of small-medium entrepreneurs fail after the first year. The percentage of failure is approximately doubled and quadrupled after 2 and …
The Basics of Effective Business Writing – Get Your Message Across Precisely and Professionally
The quality of your business writing and communication within and outside your organization says a lot about your business itself. It’s a fact that your target reader, whoever that might be, will judge your brand, quality of service and professionalism based on the content they read from you. Let me …
A 14-Step Guide on How to Write a Business Plan
Table of Contents 1. Research 2. Purpose of the Plan 3. Write an Executive Summary 4. Write an Overview of the Company 5. Document Everything 6. Analyze Your Market 7. Business Organization 8. Products and Services 9. Marketing Plan 10. Sales Plan 11. Financial Plan & Projections 12. Appendix 13. …
Why Your Business Needs A Sound Business Plan
Want to take your business to the next level but don’t know how? What you need is a business plan. Here are some of the key benefits.