Why? Most plans waste too much ink on numbers and devote too little to information that really matters to investors. The result? Investors discount them.
In How to Write a Great Business Plan, William A. Sahlman shows how to avoid this all-too-common mistake by ensuring that your plan assesses the factors critical to every new venture:
- The people-the individuals launching and leading the venture and outside parties providing key services or important resources
- The opportunity-what the business will sell and to whom, and whether the venture can grow and how fast
- The context-the regulatory environment, interest rates, demographic trends, and other forces shaping the venture's fate
- Risk and reward-what can go wrong and right, and how the entrepreneurial team will respond
Timely in this age of innovation, How to Write a Great Business Plan helps you give your new venture the best possible chances for success.
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