Three Questions You Must Answer Before You Present Your Business Plan

Prior to presenting your business plan there are a few things you need to take into consideration. For one, make sure your communication style reflects that of the people you will be discussing it with. Secondly, ask yourself what you will stop doing. This is a question that often times goes ignored. Lastly, you need to answer why you haven’t started this plan before? Was it because of costs or maybe a lack of technology?

Key Takeaways:

  • Whether you’re an entrepreneur, CEO or middle manager, virtually everyone has to create (and present) business plans.
  • And while there are literally thousands of business plan templates available, they will all fail if you don’t answer these 3 critical questions (that you might have never heard before) when you’re creating and presenting your business plan.

“Most business plans fail because they add on way too many new activities without recognizing that we’ve got limited time, and if you’re going to start something new, you better be prepared to stop doing something else.”

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