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This business plan template and guide is the result of 20 years of research into the types of business plans that help entrepreneurs and executives raise funding and build thriving companies.
For instance, it should include the reasons you think the business, product or service will be successful.
It should prove that the market is big enough to support your business.
There are also 2 types of business plans based on the level of comprehensiveness.
One is a simple business plan, as previously mentioned, that covers just the basic items to give a preliminary assessment regarding whether or not the company is viable.
If you are seeking outside funding or are looking to grow your business to the next level, it is also time to create a business plan.
There are several types of business plans, but they are all similar.
I say this not to brag, but to assure you that much information online about business plans is false.
Below you will find correct answers to the most common business plan questions.
There are small business plans that generally cover companies up to 50 employees.
Medium and large company business plans are usually for companies with 51-250 employees and 250 employees respectively.