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Sarah will be investing 15,000 of her own money and her family and friends will invest the additional 60,000. They understand that it will take about 5 years but Sarah plans on paying back her friends and family. Your business plan can look as polished and professional as this sample plan.
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· Updated May 20, 2020. An executive summary of a business plan is an overview. Its purpose is to summarize the key points of a document for its readers, saving them time and preparing them for the upcoming content. 1 . Think of the executive summary as an advance organizer for the reader. Above all else, it must be clear and concise.
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A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope ...
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First, you want your business plan to be read. No one is going to read a 100page or even 40page business plan. Sure, you may need supporting documentation for specific sections but you can include those elements in your Appendix. Second, your business plan should be a tool you use to run and grow your business.
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Assessing your readiness, choosing a business structure, market research and writing a business plan. 2. Choosing a business name. Selecting a good name, checking if a name is taken, registering and protecting your business name. 3. Registering your business with the government. Registering or incorporating your business, plus how to apply for a business number or tax account. 4. Applying for ...
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