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COULD YOU BE SETTING YOUR BUSINESS PLAN UP FOR FAILURE?"It's unlikely a business plan by itself will bring funding in the door, unless it is part of an overall marketing strategy."David E. Gumpert, author of "Burn Your Business Plan", tells the story about how he and his partner failed to raise money after sending
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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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Too Much InformationWhen is a 25-page business plan better than a 200-page business plan. The answer is - always. Most investors have a mental checklist of half dozen or so specific points that they look for in a business plan. Everything else just gets in the way and the last thing they want to
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Latest Tanning Salon Business Plans News:
- Report Accuses Tanning Salons Of Lying To Teens
A congressional report found that tanning salons aren't just downplaying the risks of tanning, they're promoting benefits that don't exist.
Wed, 01 Feb 2012 06:36:39 -0800 - Age limit on tanning law prevents skin cancer but limits freedom
Sen. Patricia Jones, D-Holladay, plans to introduce a bill during the next legislative session that would ban minors from using tanning salons in Utah. Five years ago, she pushed the current law that requires minors to have parental consent before using a tanning bed. There are valid reasons to stand on either side of the [...]
Thu, 19 Jan 2012 23:27:32 -0800 - Fire destroys six Silverdale businesses
A three-alarm fire destroyed six businesses in a Silverdale retail complex Sunday afternoon sending various employees into the parking lots at 9995 Silverdale Way NW as it quickly devoured the building.
Fri, 13 Jan 2012 12:11:54 -0800
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