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More and more students, both in undergraduate and graduate institutions, are deciding to launch their own ventures upon graduation rather than taking the traditional route of working for another firm. Likewise, more and more individuals are leaving their jobs to fulfill their entrepreneurial dreams.While these ventures may ultimately be very successful (e.g., Google and
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Many investors skip straight to the financial section of the business plan. It is critical that the assumptions and projections in this section be realistic. Plans that show penetration, operating margin and revenues per employee figures that are poorly reasoned, internally inconsistent or simply unrealistic greatly damage the credibility of the entire business plan.
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Copyright 2005 Chris StirlingSo you have a great idea for a profitable online business. Before you can do anything with your business, be sure that you have a plan. This is not the time to “pick it up as you go�. These are some basic things that should be included in your business plan.The
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