The value of a well written business plan cannot be over stated. It will benefit both management and investors in the company. The vast majority of the business plans I have reviewed come up critically short in at least two or more of these important areas, and higher number fail to address at least one key area. I think that is important that we take a look at the key sections of the business plan and what should be included.
Tag: business plan
A company’s business plan is its guide for moving forward and developing its business. It is also primary means by which potential investors and investment bankers will evaluate a company as an investment. It will become a key tool for management in evaluating the success of the business operations. The value of a well written business plan cannot be over stated. It is a must for all growing companies.
The Importance of a Financial Model
Coral Capital Partners discusses the importance of a proper financial model, the financial statements that need to be included and the expectations of potential investors. Far too often a financial model and business plan are two (2) items that easily overlooked or dismissed by business owners or management. Coral Capital Partners believes that a financial model and a business plan are two (2) critical items that every business needs.