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How to Develop an Effective Business Plan, by Lorman

How to Develop an Effective Business Plan is brought to you by Lorman

Learn how to prepare and present a business plan.

Every business needs a business plan. In this presentation, we discuss the benefits of developing a plan, the key elements of a plan, the most common mistakes, and the keys to success. We also cover style, format, presentation, financial projections, funding basics, ways to protect yourself, and more. A great business plan is easy to read, convincing, realistic, and useful. A mediocre business plan isn’t worth the paper it is printed on. Sophisticated investors, bankers, and partners ask tough questions and expect you to have the answers. We’ll help you prepare for presenting your plan and handling the tough questions.

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