3-2-1 Formula for Business Plan Essentials
by Tim Berry on May 18, 2007
Recently I posted a piece on my allbusiness.com blog suggesting a 3-2-1 formula for essentials in business plans.
The first three points, focus, specifics, and cash flow, are
essential for any business planning, whether or not seeking investment
or loans is involved.
The next two, making the investors money and management team, are essential for plans related to seeking investment.
The final, sixth of six, is collateral as essential for plans seeking bank loans.
– Tim Berry
How LivePlan makes your business more successful
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Let's take a look at those common hurdles, and see how producing a top-notch business plan sets your business up for success.
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