CHAPTER 8

The Business Plan

Introduction

For the entrepreneur, the solution to a big problem is a valuable product for the customer. Your customer interviews should validate the customer needs for your product. Your product needs to be better than the competition. For the investor, can your company make money with your product in a growing market? The entrepreneur should outline their business strategy before setting out on their adventure. Doing your research on the product, customer, and market will prevent time-consuming delays and dead ends.

The Business

A quick outline is below with the questions that need to be addressed before launching your venture. This is the framework that will lead to your business plan. A document that can outline ...

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