Business Plan In A Day. Rhonda Abrams

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Step 7 Management Structure

       Highlight your key team members

       Predict future management needs

       Describe your staffing structure

       Identify your board members, advisors, and consultants

       Pulling it all together: Management Structure

       Step 8 Future Development

       Define your long-term goals

       Establish future milestones

       Assess the risks

       Explore exit strategies

       Pulling it all together: Future Development

       Step 9 Financials

       Produce your Income Statement

       Develop your Cash Flow Projection

       Generate your Balance Sheet

       Show your Sources and Use of Funds

       Consider preparing additional supporting financial statements

       Presentation Pointers

       Nine Surefire Ways to Ruin Your Business Plan

       The Experts Talk

       Business Terms Glossary

       Business Resources

       Index

      1

       STEP 1: EXECUTIVE SUMMARY

       STEP 2: COMPANY DESCRIPTION

       STEP 3: TARGET MARKET

       STEP 4: THE COMPETITION

       STEP 5: MARKETING AND SALES PLAN

       STEP 6: OPERATIONS

       STEP 7: MANAGEMENT STRUCTURE

       STEP 8: FUTURE DEVELOPMENT

       STEP 9: FINANCIALS

      Accomplishments

       In this step you’ll:

        Prepare your Executive Summary

      Time-Saving Tools

       You’ll complete this section more quickly if you have any of the following handy:

       Information about your potential business plan readers

       Completed worksheets for Steps 2-9

      Step

      EXECUTIVE SUMMARY

      Your Executive Summary is the single most important part of your business plan—particularly if you are seeking outside funding. Busy investors and lenders start reading here and use the Executive Summary to get an understanding of your business quickly.

       KEY TO SUCCESS

      First

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