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A clear and compelling business plan provides you with a guide for building a successful enterprise focused on achieving your personal and financial goals.
In fact, highly successful businesses have been started in both the best and worst of economic times.
The question that arises, though, is what business to start.
Unique qualifications can include your experience, intellectual property, relationships, etc.
In choosing a good business to start, think about your unique qualifications. What do you have great experience and expertise doing?
Specify the product, source of it, and people in need of the product.
Maybe you think you don't need a step by step guide to writing a great business plan.
For example, many internet and mobile app ventures solve an entertainment need rather than a pain.
However, while some of these ventures become multi-billion dollar enterprises, the vast, vast majority of them fail. Make sure the business is fundable No matter how good your business idea is, if it requires funding and you can’t raise it, it doesn’t matter.
Together, they cited information from 16 references.
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