Millions of new businesses are established every year but is disheartening to note that only a handful of them get to celebrate their third anniversary. The rest fail not because the management team does not have an idea or the skills to achieve the objectives, but because they do not have an action plan.
Whenever you are planning to venture into a particular business or industry, it is important to take the time to write business plan to help you make the right decisions every step of the way.
Here are six fool proof tips that you can use to write business plan that wins the hearts of investors, business partners, and the customers that you are eyeing. (more…)