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Your business plan is a crucial document for your new company. It says who you are, describes your business and shows how you will become profitable. A properly formulated plan can help you gain the confidence of lenders, investors and other stakeholders.
As such, it should show you’re committed. Robyn Benincasa: Empowering People to Succeed Against All Odds.
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A business plan can also help your nonprofit stay on track as it grows and begins to have a wider reach.
Your executive summary at the beginning of your business plan gives an overview of what your nonprofit does, how it achieves its goals, and its greatest strengths. Article How to Create a Winning Restaurant Business Plan Joe Erickson. Hard work, great food, and the will to succeed are not enough.
You need proper training, established operational procedures, and a creative marketing plan, before you open.How to create a winning business