BUSINESS PLAN TEMPLATE FOR INNOVATORS

Jul 8th, 2015
Studypool Tutor
Texas State University - San Marcos
Course: general
Price: $20 USD

Tutor description

The Benefits of a Business Plan • Action Plan A Business Plan can help move you into action. If you have been thinking about developing your ideas / concepts into a successful business then a business plan will help you evaluate and identify each element of your future business. • Business Guide Once you have started your business, a business plan can be an invaluable tool to help keep you on track and moving in the direction you want to go. In the fast paced business world it is easy to lose focus and deviate from your goals, so a business plan will keep you on track.

Word Count: 593
Showing Page: 1/13
BUSINESS PLAN TEMPLATE FOR INNOVATORSThe Benefits of a Business PlanAction Plan A Business Plan can help move you into action. If you have been thinking about developing your ideas / concepts into a successful business then a business plan will help you evaluate and identify each element of your future business. Business GuideOnce you have started your business, a business plan can be an invaluable tool to help keep you on track and moving in the direction you want to go. In the fast paced business world it is easy to lose focus and deviate from your goals, so a business plan will keep you on track.Communication ToolA new Product / Service is often very difficult to communicate. A Business Plan can act as a key communication tool and help others understand your vision. This is critical when dealing with venture capitalists, partners and potential customers. Demonstrate Industry KnowledgeA Business Plan serves to demonstrate your knowledge of the product, market, competition, production, financial and commercialisation aspects of your innovation.Maintains FocusA Business Plan ensures you are focused on your commercialisation efforts. StrategyIdentifies an appropriate commercialisation strategy for you to follow.Attract InvestorsEnables you to attract potential investors / funds for your innovation.*Please Note this is only a sample business plan template. If you use this template you may be required to adjust it to cater for your spe

Review from student

Studypool Student
" Goes above and beyond expectations ! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1821 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors