April 24, 2007
Questions to ask yourself before the plan writing begins
The Common Sense Series - By Martin E. Koss
E-mail at 101457.735 CompuServe. Voice/Fax 44+ (0)1507 610035.
Contents are (c) Copyright Martin E. Koss 1996. This article may be freely distributed provided that this copyright notice, the heading, and the closing copy remain attached and that the text is reproduced in its entirety.
Many business idea are truly sound from the word go, but the facts remain that many elements of the idea must become solidified before approaching a bank or other financial institution for their immediate funding and for on-going support. Your project needs to be put to the test, and your ability to answer questions about it will more than likely tell you more than you had previously been aware. The purpose of this article is to prompt you to delve deeper into your idea and strengthen your belief, confidence and knowledge before proceeding further.
Get out a pencil and a note pad and write down all the answers to the following questions, and all the ideas that spring to mind in the meantime.
Contributed by JD at 11:54 pm under Business development.
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