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Writing Winning Business Plans: How to Prepare a Business Plan that Investors Will Want to Read and Invest In (Rich Dad's Advisors (Paperback)) Paperback – May 29, 2012
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Businesses often start with a flash of inspiration for a product or service. According to the author, the difference between a good idea and a prosperous business is a well-written business plan. At its most basic level, a business plan helps organize an entrepreneur’s thoughts, Sutton writes; at its highest level, it provides a tightly structured outline of what the business will accomplish, how it will be funded and its requirements for long-term success. Sutton provides advice on how to establish a vision for what the business will do, how to gauge the potential company’s competition and how to find funding. Ideally, a business plan is the intersection of everything inside the business (costs, products, services, personnel, etc.) and everything outside the business (competition, market trends, political forces, etc.).” The book provides several examples of how structured plans have helped individuals understand their opportunities and challenges and, as an example, also supplies a detailed plan of a potential restaurant. The author writes with authority, giving concrete reasons behind each section of a plan, but offers plenty of encouragement along the way, motivating readers to undertake what is essentially a soul-searching exercise as well as a financial one. Sutton is also objective and truthful when highlighting the pitfalls that entrepreneurs may encounter. He reminds business owners that once a business is up and running, it’s essential to consult the original business plan from time to time to ensure they are achieving their original goals.
A wide-ranging, detailed primer for potential entrepreneurs."
From the Inside Flap
Now that you have made the choice to go from an idea to aplan, the goal of this book is to both provide a framework for winning businessplans and more importantly, to challenge your thinking. There is a standardformat that virtually all business plans adhere to. Rather than simplyproviding yet another rehash of the standard format, we will combine the basic "how-to's"with tough questions and street smart insights into what savvy investors and lendersare really looking for in each section of your plan.
- ASIN : 1937832015
- Publisher : RDA Press, LLC; Reprint edition (May 29, 2012)
- Language : English
- Paperback : 210 pages
- ISBN-10 : 9781937832018
- ISBN-13 : 978-1937832018
- Item Weight : 10 ounces
- Dimensions : 6 x 0.75 x 9 inches
- Best Sellers Rank: #196,075 in Books (See Top 100 in Books)
- Customer Reviews:
Top reviews from the United States
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Especially useful is the section on the Financials and how key this is when looking for investors or a business loan. I look forward to using the information in this book to flesh out my business model and bring it to life.
Top reviews from other countries
Reviewed in the United Kingdom on October 4, 2019