Business Plan Functions: Business Plans/Atlanta – Alpharetta – Nationwide (404-580-1501)

Business plans are blueprints for the financial and operational activities of a business venture, person, or other organizational entity. They are particularly needed for new businesses or startups, but are also in demand for expansions and existing organizations that require change or changes.

This Atlanta area writing service writes/provides business plans that function exceptionally for their respective entrepreneurs and managers period, whether in Alpharetta, Atlanta, or elsewhere. Now - what functions do business plans actually serve, and why are they required?

FINANCING

Business plans/business blueprints are needed and required for the financing of new businesses (or organizations), expanding or changing ongoing businesses, the operations of organizations, and for organizational framework.

Financing is acquired through either attracting or persuading investors to join-in on the venture by acting as venture capitalists investing money OR by securing some form of loan(s) from banks or other financial institutions or Small Business Administration loans, etc.

INVESTING

Those investing money into the venture are owners; whereas those loaning cash are creditors. Each needs to see a solid business plan before they provide cash money to an operation, especially if it is a new business. They demand it, and so would you.

The investors generally want to know the basics about your unique idea, how it will make money, and what they can expect for their initial and subsequent investments. Apart from extremely large deals, investors require smaller business plans – often these investors are members of the family, friends, neighbors, acquaintances, co-workers, etc.

LOANING

Banks and financial institutions, on the other hand, want every “t” crossed and “I” dotted. In addition to applications and paperwork (red tape) they want a blueprint explaining and justifying the loan.

Detailed projections and financial data are asked for by these institutions in Atlanta and everywhere else, and need to be explained, in addition to operational, functional, managerial, marketing/sales, staffing, equipment/inventory, and other activities related to organizations’ missions and visions.

MONEY MATTERS

Indeed - investors & creditors/banks like to know exactly what they will get back, when they will receive it, and how it will be secured or acquired to be given to them. Yes, there is a little more to a business plan or business blueprint than just stating Strengths, Weaknesses, Opportunities, and Threats (SWOT Analysis).

OPERATIONAL & FUNCTIONAL PURPOSES

Business plans also serve as the blueprint for setting-up, managing, and running companies. They provide order and keep organizations focused on their missions and the financial and operational means of being successful.

Things change. Conditions change. The Economic environment changes. This makes it sensible to update a business plan regularly, about every 18 to 24 months.

Organizations never really know what opportunities or disasters might be right around the future corner. As such, it pays to keep information updated and ready for future use with little adjusting required.

At JIMMY HALL WRITING SERVICES/Atlanta (404-580-1501), I assist people by writing business plans/developing business plans they need to acquire financing and keep their ideas and organizations on track.