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Business Ideas Forum
You don't need capital, You need business plan.
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[QUOTE="Rachael, post: 243419, member: 68963"] In every business, a plan is very necessary and that would include the business idea. Without an insight of a business idea, it would be difficult to ascertain how much finance is needed to fund the business. On a personal note, I think the business idea should come first, this is because it would aid me on how to be objective when drafting the goal for the business. The business plan is very necessary for any successful business, although it is not a yardstick but with the plan, it serves a practical guide in which would help the business owner or entrepreneur to watch the track of his business. Any business which the business plan is faulty, it would definitely have an after-effect on the sustainability. So to say, a feasible business plan should be drafted by a professional or one who has an in-depth experience in the line of business concerned. There is no business without challenges despite the availability of a well-structured plan, but with the backup plan and a crisis management technique, it would make it much easier for the business to strive ahead of any impending circumstances. Ultimately, the business plan should come first before the capital. [/QUOTE]
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You don't need capital, You need business plan.
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