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Nairaland Forum / Nairaland / General / Business / Need Funding? Get Your Business Plan Right (176 Views)
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Need Funding? Get Your Business Plan Right by TemidireM: 9:23am On Jun 22, 2021 |
Did you know there are several organizations ready to fund your business ideas? No?, Well now you know. However, these organizations do not just hand over these funds to you the minute you walk through their doors; they have certain requirements but a major deciding factor is your business plan. Business plan is a formal document presenting; *The business goals * Product/service description * Target market * Industry analysis * Feasibility study * Personnel analysis * Marketing strategies * Risk analysis * Business sustainability * Exit strategy * Financial projections. Funding organizations are very interested in seeing your business idea and how you will establish that idea, so your business plan answers their questions on the feasibility of your business goal which assures them of their return on investment. Without a well-articulated business plan, there is no chance of getting the funds required from these funding organizations, word of mouth is no substitute for written facts and figures in a well-articulated business plan. In getting your business plan right to give you access to these funding organizations, ensure to meet with experienced professionals like consulting organisations ( Dominion Consulting- advisory@dominionconsultingng.com) to get expert opinion and help on your plan. |
Re: Need Funding? Get Your Business Plan Right by effico(m): 2:19pm On Jun 22, 2021 |
Give example of firms that help with funding of businesses pls |
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