top of page

Of Course You Don't Really Need A Business Plan.... Do You?

  • ilifty
  • Feb 27, 2017
  • 2 min read

Telling a prospective startup that they don't need a business plan is a type of nonproductive statement that works only occasionally.

Read This Article on Entrepreneur.com: www.entrepreneur.com/amphtml/229804

Not having a business plan is like saying, " People who invest in your business are making a bad decision!"

If you look at where most of the funds come from when your looking for investors, you might see a bigger picture then you might be seeing right now.

Why No One Is Interested In Funding Your Business!

Keeping in mind that most Multi Million Dollar Investments, come from Banks, Venture Capital and Hedge Funds most times. The thought that the actual consumer who invested their money for various terms of dividend payments and returns. Might have made a mistake if the investment is just handed over to a business venture that has no type of proof of intent and might even be a very bad idea to do if anyone ever found this out.

Meaning that with out proper documentation of what you will be doing with the money if funded. The Consumer's Investment Dollar, will just being handed over to a business that's probably going to fail because they don't even have any real plan to begin with.

It is very unrealistic to believe that a $500 box plan is going to get you much of anything.

Even if you paid the $500!

Honestly, you might even be ruining your business's chance of ever succeeding, if you have a plan created and the plan is not even that good.

EMB FC Strategy Consultant's Inbox's are filled everyday with businesses looking for funding.

In earnest they probably are reaching out to people like me and my colleagues every week and every day of the year . If those seeking funding don't have an in-print set of stable attributes to tell people about their venture. They probably will be missing out on millions of dollars and the money they saved on not getting a really good plan to start with, will be shelled out later on.

Most likely to an emergency pay-to-play funding deal that often never gets you all the money you need anyway.

Getting your plans on paper is a key factor to getting your business taken seriously by serious investors.

Never believe you can have a business, especially a new business if you don't have a good in print plan and presentation.

EMB FC Strategy Consultants


 
 
 

Comments


Featured Posts
Check back soon
Once posts are published, you’ll see them here.
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

EMB FC

BUSINESS  BLOG

 

LET'S TALK: 1-347-669-5464
  • w-facebook
  • w-blogger

  2023®   EMB FC 3811 Ditmars Blvd rm 2222 Astoria, Ny 11105 

bottom of page