InvestorQ : As a potential start-up entrepreneur, how to go about writing the business plan and what should it actually consist of?
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As a potential start-up entrepreneur, how to go about writing the business plan and what should it actually consist of?

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vidhya Laxmi answered.
1 year ago
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One of the most important aspects of a start up is writing a business plan. The business plan should be as comprehensive as possible and cover every aspect of your business and its future. You can write a good business plan for your company using the market research done by and the secondary research from other sources. These can be useful in creating your plan for the future and drafting every step. Here is what the business plan will help you to achieve.

· The business plan will help you to clearly determine the goals and milestones for your business and help you know when you go off track and guide you on many aspects. It acts as the constitution and as a conscience keeper of your business.

· An important aspect of the business plan is to put your office space requirements and infrastructure in place. The next big step in your plan must be to find a workplace for you and your co-workers where you can not only sit and execute the plan but also a place which suits your need and your company’s needs. The workplace must be conducive to your brand and also enhance your business prospects. Most founders initially choose to work from home to save money. However, as your business expands, you can subsequently choose co-working spaces.

· The third aspect of your business plan is to identify and find a mentor as the right mentor will guide you at a crucial time and make a huge difference in the decision that you take for your business. The right mentor can also provide deep industry insight and wisdom that will help you navigate some of the challenges that might come your way in the future.

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