First The Bad News..
There is no single magic formula for developing a winning business plan (But you knew that anyway. Right?)
And Now The Good News..
There are some common elements which seem to appear in every successful business plan, that can be successfully modelled by everyone in business. (Hooray!)
The problem is that generic / formulaic plans (perhaps built using a business plan template) are easily "seen through" by professional investors and plan reviewers. These guys are like bloodhounds in this respect.
Check with any professional investor anywhere in the country, and you'll hear sometimes amusing, often embarrassing tales of poorly conceived, badly written, or sloppily put together business plans. Oh and if not happy with that alone, View the rest of this article
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