Having prepared a good business plan before starting your venture, can often be the difference between startup success and failure. I am not saying you need a 50 page detailed report, as investors don’t typically have the time to read them anymore. But, it is more about taking the time to think through the below 6 key components of preparing a business plan, to make sure you know what you are up against in your industry and have reasonable foresight into where the business is heading in terms of go-to-market strategies and financial returns for the company and its investors.
Read the rest of this post in Forbes, which I guest authored this week.
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