It’s no secret that potential entrepreneurs in Atlanta,
New York, Chicago, and every other business center and otherwise need business
plans and business plan writers to obtain financing and structure for their
future business ventures or startup organizations. Without money or a plan, an
endeavor is doomed to fail.
Business
Plans Serve Important Functions
Obviously, a solid business blueprint (business plan) is
required for ventures, but what is its exact objective and function? What is
the purpose of having the plan or blueprint developed? How does the money and
plan deal work? I will tell you, because this Atlanta area writing service
develops/writes business plans.
First of all, the business plan is developed and
presented to obtain one of two/or BOTH types of funding. These are (1)
INVESTMENT CAPITAL and/or (2) LOAN MONEY.
Obtaining
Investment Capital
Investment capital comes from venture capitalists or
friends or family or some other person or group that wants to put cash into
your venture with the belief of that money growing via the organization’s
activities over time. In other words, investment is partial OWNERSHIP and some
“say-so” – like stocks provide.
Obtaining
Loan Money
Loan money comes from banks, people, or financial
institutions that provide cash at an agreed-upon payback rate of interest on
the principle given. The creditor basically cares about getting the money back
with a return, and the success or failure of the venture means little to it –
so long as the money is repaid and looks to be able to continue being repaid.
Loans are a lot like bonds, no ownership is involved.
Financing
In a nutshell, from a financial standpoint the business
plan and business plan developer must use the information and data provided to
best demonstrate that the venture will earn enough revenue to pay back its loan
and/or make its investors a positive return on their investment. Simple, right?
Yes, sorta.
Business
Plans/Business Blueprints
The blueprint or business plan must be organized and
arranged in an understandable manner, presenting the basics about every aspect
of the endeavor (and showing the idea and its potential implementation) to be
sound and likely successful. It should logically flow and leave no questions or
answers (apart from low-level operational details) to chance.
As kids we were all told that if we did not plan, we were
in fact planning for failure. Most of the time, the old saying is true. Written
plans are almost always a necessity – no one can remember everything
(especially those outside the organization that never knew anything about the
organization to start with).
Therefore, we know that a nicely developed business plan
is vital and needed for numerous reasons AFTER funding has been secured and
cash flows are healthy. Basic Business 101.
Business
Plan Components/Parts
A good blueprint for a business will have sections of
Info and Data for Contacts, the
Executive Summary, Background/Origin, Management/Ownership, Mission, Vision,
Slogan,
Marketing/Competition/Target Market, Sales/Distribution, Financials,
Products-Services-Pricing-Differentiation, Operations, SWOTs, a persuasive
Conclusion, and possibly other sections depending upon the particular type of
endeavor.
At Jimmy Hall Writing
Services/Atlanta
(404-580-1501) I carefully organize and write/develop
business plans/business blueprints for both startups and expansions. I would
like to assist you in obtaining business financing and a solid operational
track to run on.
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