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Business for Sunday, May 17, 2009

Get a solid foundation

The first time many folks hear about a business plan is when an investor or lender asks them to create one in order to get business funding. This process of presenting your vision in precise descriptive terms, and then quantifying it in a budget, is incredibly valuable. By having a solid business plan, you have a foundation that will provide you with the roadmap and the credibility to grow your business. A solid foundation will also eliminate confusion, barriers and keep you on track.

Get a solid foundation

The first time many folks hear about a business plan is when an investor or lender asks them to create one in order to get business funding. This process of presenting your vision in precise descriptive terms, and then quantifying it in a budget, is incredibly valuable. By having a solid business plan, you have a foundation that will provide you with the roadmap and the credibility to grow your business. A solid foundation will also eliminate confusion, barriers and keep you on track.

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