A Successful Business Financial Projection Can Be The Key To Securing Financing
A business seeking capital can’t afford to underestimate the importance of business financial projections. A business financial projection is simply forecasting your sales and revenue to the lender. This information is important because it is a key indicator to your ability to repay a loan.
If you are unsure about financial forecasting and how it relates to your business it is best to hire someone who does know. Most lenders will want to see a three or five year projection…
Write A Winning Business Plan-The Neatest Trick In The Book
“Writing a business plan” sounds really tough, and it can be. But there are a number of things the smart entrepreneur can do to make it easier.
For instance, justwhatkindofstuffyouthinkgetsreadlikethis? Imagine pages full of that, with virtually no margins, no paragraph breaks, no breathing room. Lenders, investors and angel investors are confronted with piles of business plans like that every day.
Take a breath. Then lure your reader into the plan with snappy headlines…
Your Business Plan: 9 Places To Look For A Great Opening Line
There it is. That blank screen with the little blinking line. And everything sounds so mundane.
Jake’s Bakery will serve the best cakes in the county. (Yawn.)
I researched the industry and found that it is fail-proof. (Yawn.)
We came together to form a really good business. (Yawn.)
It’s kind of like, “Hey, what’s your sign?” Everybody knows why everybody is here, but can’t I come up with a better opening line?
Even the most prolific writers get blank screen-itis. T…