CHAPTER 8

Turning your idea into a business plan

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Three rules of business plans

What does a funder look for in your business plan?

Financial forecasts

Your revenue

How to forecast your sales

Your costs

Break-even point

Business plan checklist

What should go in your plan

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If you don’t know where you are going, it doesn’t matter which road you take to get there. (Lewis Carroll, Alice’s Adventures in Wonderland)

One of your first tasks will be to write a business plan. There are hundreds of books, training courses, software programs, websites ...

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