In this note, I want to share my learning on business plans with you. Because I am involved in Venture Capital and Private Equity, I get a lot of business plans. And going by the number of proposals we reviewed or prepared in the last one year, the global economy is doing great! A lot of individual professionals have opened their own companies, and many companies are looking to grow with global demand for their products/services.
The physical location of people is getting less relevant in many industries. The Internet is playing a role in every business plan, across industries: Software Services, Financial services, Media, Healthcare, Caf and Retail chains, etc.
One of the most common questions I see is this: How should my business plan look like?
Well, that depends on what your business aims to do, and who you want to approach for capital. While there is no one answer to it, I want to share a good business plan template that has been used with success.
From our business plan reviews, I also see a common mistake many people are making there is a lot of emphasis on how much money is needed and what kind of sales will happen, etc. But there is...
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