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Season 7-Episode 48 -Do You Need A Business Plan?
Manage episode 395212601 series 2792703
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I. Intro
II. Why this topic is important? 1 in 5 businesses fail in the first year. And some of the main reasons are not properly researching he market, not enough financing, poor marketing, not understanding key trends and not having the right people on your team.
III. What is a business plan?
A business plan is a comprehensive document that outlines your business's objectives, strategies, financial projections, and more. It's a roadmap that guides your business's growth
IV. What’s in a business plan?
Problem statement (Innovation), Marketing (including research), Financing
V. Conclusion
VI. CTA-If you need a business plan, MSG hosts can assist. Big Stew co-owns an AI website generator called Plannit AI https://plannit.ai/ . Eric McLoyd owns a consulting company that assists emerging small businesses with business plan development (https://www.productiveleaders.co/your-cfo-fractional-cfo).
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