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Don’t do it unless you know why and what you are trying to achieve with it.want to see if you hope to get a funding check from him in a moment.
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Lewis is a retired corporate executive, entrepreneur, and investment advisor in Texas.It is a smart tool and essential one to have as a cover for your business plan.This is especially true for those considering funding that involves commercial real estate or a SBA loan.A decade ago anyone you approached with a business idea without a plan would have laughed and shooed you away.Even your friends and family, or the most aggressive angel investors.This is a brief 1-3 page document that sums up your business and plan, and gives viewers enough info to decide whether they want to see any more data or not.Like a pitch deck, it it’s good enough it can be sufficient to get lenders and investors to choose to work with you, and work through the details in the process.Yet, the point is that most aspiring business owners aren’t even trying to match up their goals with what they think they are supposed to be doing.You should have a plan in order to get yourself organized, to ensure you have some type of viable commercial potential, you have focus and hopefully aren’t going to run out of money or starve before you get going.It also received 78 testimonials from readers, earning it our reader-approved status. Creating a business plan will help you achieve your entrepreneurial goals.A clear and compelling business plan provides you with a guide for building a successful enterprise focused on achieving your personal and financial goals.