Crafting a Business Plan

Part 6: Financial Issues

Goal of the Exercise

In this final part of the business plan project, you’ll consider how you’ll finance your business as well as create an executive summary for your plan.

Exercise Background: Part 6 of the Business Plan

In the previous part of the business plan, you discussed the costs of doing business, as well as how much revenue you expect to earn in one year. It’s now time to think about how to finance the business. To get a “great idea” off the ground requires money. But how will you get these funds?

You’ll then conclude this project by creating an executive summary. The purpose of the executive summary is to give the reader a quick snapshot of your proposed business. Although this exercise ...

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