Why you need a business plan
Most investors / banks ask for it.
During initial discussions they expect you to have gone through the rigor of preparing B-Plan. At a later stage they expect a detailed business plan.
It helps you gain clarity on business strategy.
It forces you to execute a dry run of your business; helps you define a clear road-map for execution.
Communication of Vision
Makes it easier to communicate the vision.
Not just with investors, but with other co-founders you can easily communicate the road-map of business without having to store everything in your head.
what is included in business plan
our preparation process
Consultation & Input Gathering
Understanding of business goals and gathering inputs over a call or email.
Thorough secondary research of your industry, geography & competitors.
Strategy & Drafting
Discuss on research findings, strategic options. Drafting of Business Plan.
Custom Financial Model is developed for you. Key assumptions are discussed to fine tune it.