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I explain the importance of preparing a business plan to be clear about all aspects of your project.
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It is also essential that you take care of the shape as much as the background, giving a professional image at all times and speaking in the present better than conditional. Another plus point is that you invest your own money, even if you have little.
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I also detail the differences between talking to a banker (who only lends you money and wants to make sure you are going to return the principal and pay the interest) and talking to an investor, whose objective is to maximize the profitability of your investment.
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In the latter case, you will
have to take great care from the outset of the conditions of collaboration with your capitalist partner.
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Actually, and even if you have put it in the sixth section of the guide, getting customers is what comes immediately after having defined the idea and the business model.
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Having convinced a few consumers to buy your product or service is the best weapon to persuade potential investors.
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In this article, I insist a lot on the importance of being patient and persistent, and taking everything as a hunting party, with some techniques that I detail.
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When you have caught your prey, you will still have to convince them, and some of the advice I have prepared will help you.
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Finally, I think it is essential that you organize monitoring of the effectiveness of your commercial activity. A common mistake is spending too much energy on methods that don't work when adjustments can change your results.
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In Spain, the future entrepreneur sooner or later faces the doubt of starting as an individual (self-employed) entrepreneur or of setting up a company.
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I have prepared an article for you that reviews the advantages and disadvantages of each legal form according to various criteria: administrative simplicity, limited liability, tax advantages, and the aspect of capital transfer.
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As you can imagine, there is no fixed answer. Depending on the type of business, one way or the other will be better for you.
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For some businesses, it is a fundamental choice; for others, it has more limited importance, but the name of your company is usually the first thing that your future clients and the rest of your business partners see.
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Therefore it is always wise to stop time. Necessary to reflect on how you are going to call your company.
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You are going to want to find a short name, easy to remember, positive, if it is possible that it reveals what your value proposition is and that it cannot be confused with other brands or have strange meanings in other languages.
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In the article, we will tell you in detail about various clues to find a good name for your company.
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In this post, we explain what a business plan is made for and how to do it step by step. We also give you a guide for a business plan that you can always have on hand.
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You cannot launch your project without a marketing plan.
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You cannot develop without a business plan, and you cannot have the foundations of your startup well laid without a well-defined business plan.
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So bet on this document. It will also allow you to:
Set your business goals
You can detail its structure.
Make an opening, operation, and advertising budget.
Define the amount of financing you need to finance your project
Establish some solutions to solve conceivable future problems
But there is much more!
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The elaboration of a business plan is essential to seek financing, partners, or investors; and serves as a guide for those who are in charge of the company.
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Well, pay particular attention because in this post, we explain step by step how to make a business plan . And if you want to expand this content, you can download our complete GUIDE for free (you have the link at the end of the article).
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The business plan is a document that allows the entrepreneur to analyze the current situation of the market, sector, and environment. The business plan collects such information and allows the entrepreneur to present his business to investors, accelerators, etc ., and explain how its startup and next steps. It is a living document that must always be updated.
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The business plan, for its part, describes and analyzes the opportunities available to the company according to the viability of the sector. It also establishes the goals and expectations in the short, medium, and long term, well, and the strategies to follow to reach them.
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Why should you make a business plan?
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We start by giving six reasons why every startup should have a good business plan before launching their project, there they go!
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The business strategy will serve as a roadmap and important analysis.
It allows you to know the division and the competition.
It helps you check the inherent coherence of the project.
You study the technical and business feasibility of the project.
It promotes the communication of the approach to potential investors, partners, clients.
A business plan serves to be able to envision the future in the short term.
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As always, we encourage you to participate, so if you think you would add one more reason, tell us!
8 steps to know how to make a (good) business plan
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Now, here we explain what the steps that every business plan document should include so that entrepreneurs work in the same direction, capable of leading their startup to achieve success more efficiently, take note are!
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At this point, you should review the essential aspects that you will include in the business plan (later explained in more detail). Think that with this first point, you will have to be able to capture the attention and interest of future investors, so go for it!
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This is where you will have to correctly explain the product: its concept, origin of the idea, and main characteristics. Once those interested already know what we offer, you must specify what target it is aimed at, why, and the needs that satisfy them.
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This point is key to our business plan . In this we will analyze, on the one hand, the market in which the produce will be introduced, its size, the success factors that characterize it, what entry and exit barriers we can find, what is its evolution and natural growth, its consequent pace and current trends.
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Here we will define the business model and the financial plan, which will detail the commercial agreements, the central collection of products or services that the organization offers, and will offer based on the actions necessary to achieve the strategic goals and objectives, among other aspects. Relevant.
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It is essential to explain the human team that makes up the startup. Investors attach great importance to this point to check if these entrepreneurs are capable of successfully conducting the business.
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Regarding corporate issues, it is necessary to state what is the company's social and business name, its corporate mission, the name of the founders, the share resources, specify the administrative bodies that the company has and what obligations it has the partnership with the Public Administrations.
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It is important to specify here what stage the product is in, if it has been tested (application of the Lean Startup methodology ) or if there is a developed prototype, etc.
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At this point, we will begin detailing the decisions on actions and resources to be used both online and offline, which will allow us to achieve the final objectives of the company or organization, as well as specifying whether we are going to work with any communication, advertising or online marketing consulting.
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As in any new project that is launched, risks have a place, and they must be counted on. Therefore, it is crucial that we take them into account and put them on the table in this document, in this way, investors, partners. They will be able to know from our side what the risks they would face could be.
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If you want to expand these points even further, we encourage you to download our guide on how to make a step-by-step business plan below.
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This guide will come in handy for making your own business plan. It is a PDF document that will be useful to have on hand because the business plan is something that is continually being updated, and that accompanies you throughout your life as an entrepreneur.
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Adapt the business plan according to the recipient
Something fundamental when preparing a business plan is to take into account your recipient.
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You must adjust your speech to your audience. Talking to a bank is not the same as talking to the public administration or an investor. Therefore, depending on who receives your business plan, you must include some nuances or others.
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Banking. For example, if you go to a bank, make it clear how you can get your money back. A bank needs money-back guarantees, so we recommend that you talk about the profitability of the business, the company's properties, etc.
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Public administration. On the other hand, if you go to the public administration, it is best to emphasize the objective pursued: job creation? Territory development? Read the bases well, analyze your business, and highlight the part that aligns with the aim of the call.
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Investors. On the other hand, if you go to a venture capital fund or a business angel because you are looking for investment, you will have to make it clear how they can get out of business (what we call "exit" in finance). They are investors, with which one of the things they value when making the investment decision is to be clear on how to divest (go out of business). Besides, if you are a business angel, you may want to be involved at the executive level, so we recommend that you highlight the attractiveness of your sector or business, and how it can add value.
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A clear and concise description of the project, and the problems that the business project or startup idea solves
Monday, January 29, 2018
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Herpes Finally Gone, thanks to Dr. Utu for his Herbal Treatment.
ReplyDeleteI had a sudden onset of cold sores and a new one was appearing each day. I was on primary immunosuppressant I noticed my body just can't fight the virus on its own. After five days of treatment and no success I suspected herpes I went for test and it was confirmed. God was my strength I met a doctor for treatment. He gave me Dr Utu's contact. I contacted him immediately, This medication was far amazing that within 24-48 hrs the blisters were crusting over. The swelling and redness was decreasing as well. I was on four weeks herpes medication which I completed before going for test. I went for herpes test and then again back to my doctor who confirmed me herpes negative it was really like a dream. What a relief! Feel Free to contact Dr Utu Email:- drutuherbalcure@gmail.com OR WhatsApp :- +2347032718477
I'm so exited to share my testimonies about the Good Work of Dr.Ehiaguna who get me cured from herpes simplex virus (HSV1&2) with his herbs, I never thought that I will live on earth before the year runs out. I have been suffering from herpes, I had spent a lot of money going from one Hospital to another looking for way to get rid of this disease, the hospital have been my home everyday residence. Constant checks up have been my hobby not until this faithful day, I was searchingthrough the internet, I saw a testimony on how Dr. Ehiaguna helped someone in curing his herpes disease using his healingHerbs, quickly I copied his email just to give him a try I spoke to him, he told me that he is going to provide the herbal cure to me, which hedid, after i receive his herbs and i take it as instructed i was cure permanently from herpes my herpes disease was gone. so I decided to share my testimony, that nothing is impossible with God, God use a man to healed me. No matter what you are passing through, no matter how deadly the sickness is and no matter what the situation is God that did mine is still going to do yours, people suffering from herpes, brain tumor, kidney disease, pcos, AIDS, ALS,copd, asthma, athritis,herpes, Cancer,Hpv, any kind of disease, you can reach him now via ? Gmail address: drehiaguna@gmail.com or whatsapp +2348073908953 and you will be the next to testify of his great work.
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ReplyDeletedrawadaherbalhome@gmail.com
i already gave up on ever getting cured of HSV2 because i have try many treatment none of them work out for me i have go to different hospital they always tell me same thing there is no cure for herpes when i came across a post about Dr ohunyom, in the net from a lady called Angela i contacted him and he reassured me with him herbal medicine which i took according to the way he instructed, that how i was cured. I doubted at first because i have been to a whole lot of reputable doctors, tried a lot of medicines but none was able to cure me. so i decided to listen to him and he commenced treatment, and under two weeks i was totally fee from #Herpes. i want to say a very big thank you to DR ohunyom for what he has done in my life. feel free to leave him a message on email drohunyom@gmail.com and also WhatsApp him +2349060579973..
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I'm so exited to share my testimonies about the Good Work of Dr.Ehiaguna who get me cured from herpes simplex virus (HSV1&2) with his herbs, I never thought that I will live on earth before the year runs out. I have been suffering from herpes, I had spent a lot of money going from one Hospital to another looking for way to get rid of this disease, the hospital have been my home everyday residence. Constant checks up have been my hobby not until this faithful day, I was searchingthrough the internet, I saw a testimony on how Dr. Ehiaguna helped someone in curing his herpes disease using his healingHerbs, quickly I copied his email just to give him a try I spoke to him, he told me that he is going to provide the herbal cure to me, which hedid, after i receive his herbs and i take it as instructed i was cure permanently from herpes my herpes disease was gone. so I decided to share my testimony, that nothing is impossible with God, God use a man to healed me. No matter what you are passing through, no matter how deadly the sickness is and no matter what the situation is God that did mine is still going to do yours, people suffering from herpes, brain tumor, kidney disease, pcos, AIDS, ALS,copd, asthma, athritis,herpes, Cancer,Hpv, any kind of disease, you can reach him now via ? Gmail address: drehiaguna@gmail.com or whatsapp +2348073908953 and you will be the next to testify of his great work.
ReplyDeleteI'm recommending Dr ehiaguna to everyone who have herpes simplex virus to get the cure from him. I was diagnose of genital herpes in 2019 and i have been searching and asking questions to see if i could get something to cure the disease because i did not believe what the doctors say that no cure is found yet. I came across a comment on Youtube and the person testify how she was cured from herpes and hpv after using Dr ehiaguna herbal medicine. I quickly contact Dr ehiaguna and explain my problem to him and he prepare the herbs and send it to me through UPS and gave me instructions on how to use it and tell me to go for checkup after usage which i did after two weeks of taken the herbal medicine and my result was NEGATIVE. I waited another month and retested the result was still NEGATIVE and my doctor told me that am completely free from herpes. Am so happy and grateful to Dr ehiaguna for what he has done for me and i will continue to share this for people out there to know that there is cure for herpes. You can contact Dr ehiaguna on email and WhatsApp to get the cure from him. Email: drehiaguna@gmail.com and WhatsApp +2348073908953 he can fix this.HIV.HEPATITIS.ANTHRAX.HPV.CANCER.ALSAND ALSO SOLVE YOUR RELATIONSHIP PROBLEM
ReplyDeleteNever give up in life they all say no cure to HSV 2 which is a big lie I have pass through many process also i never believe there is really cure to HERPES until I meet Dr.Ehiaguna the doctor that have been helping many people for many years, I come across this doctor online when I was searching for cure online I found out about this man, and to my greatest surprise this man have the herbal medicine which I have been looking for years I explain my problem to him through the email I found on someone who testify about him also, Dr.Ehiaguna write me a reply and explain how the process work so after ordering for the medicine I got it within 4 days and I took it according to the way Dr.Ehiaguna instructed, I was so happy after two week I took the medicine there was very big change in my health when I was done with the process I go for test, I found out I am negative that was the day I have the tears of joy you can also get in contact with my doctor through his email now drehiaguna@gmail.com or you can also WhatsApp him +2348073908953. And He also have herbs medicine to cured the following diseases; eczema,urethra wart,chronic problems.Herpes, Cancer, Als,Hepatitis, Diabetes, HPV,Infections,ulcer ETC
ReplyDeleteJoy and happiness is all i see around ever since i came in contact with this great man. i complained bitterly to him about me having herpes only for him to tell me it’s a minor stuff. He told me he has cured thousands of people but i did not believe until he sent me the herbal medicine and i took it as instructed by this great man, only to go to the hospital after two weeks for another test and i was confirmed negative. For the first time in four years i was getting that result. i want to use this medium to thank this great man. His name is Dr aziegbe, i came in contact with his email through a friend in UK and ever since then my live has been full with laughter and great peace of mind. i urge you all with herpes or HSV to contact him if you willing to give him a chance. you can contact him through this email DRAZIEGBE1SPELLHOME@GMAIL .COM or you can also WhatsApp him +2349035465208
ReplyDeleteHe also cured my friend with HIV and ever since then i strongly believe he can do all things. Don't be deceived thinking he does not work, i believe if you can get in contact with this man all your troubles will be over. i have done my part in spreading the good news. Contact him through his email and you will be the next to testify of his great work