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Think of it as the introduction to the introduction.Explain exactly how you conceived your business, introduce yourself, and give a basic description of the what and where.
These templates are ideal for seeking investors' funding, securing bank or SBA loans, and goal-setting.
Also available are several business planning forms for collecting information, as well as articles on how to approach writing your business plan.
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Nothing differentiates a business more than a great mind behind it, or one with unique experience in a pertinent industry.
Beyond your industry experience and your education, get into some personal details that allow your reader and potential investor to feel a personal connection with you and supplement it with a headshot.
For example: OPERATIONS PLAN Panda Tip: Your operations plan is detail-oriented and describes what is going on behind the scenes – your suppliers, your personnel, and every other detail that keeps you running. Give your reader a good idea of how many people you need to be paying on a daily basis to get up and running and what those people will be doing.
Not only is it important to convey to a potential investor but writing it out helps you understand what it will take to keep your business running. Licenses Panda Tip: Certain businesses – like construction and food service, for instance – may require certain licenses in order to operate.
This is something you want, above all else, to get right the first time.
Our Competition Panda Tip: Getting to know your competition is another important step in this process.