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PERSPECTIVES ON BUSINESSsm - Sample 
Tip #19 -
AVOIDING BUSINESS PLAN MISTAKES

CONSIDER THIS: You are a partner in a real estate development project. You want to convert a dilapidated turn-of-the-century hotel into condominiums. Some associates think you are a dreamer to even attempt the project. You need a tool to help you obtain capital and then guide the renovations. What should you do?

This tip walks you through three major errors found in many business plans:

  • Why you need a well-developed business plan in the first place
  • When entrepreneurial enthusiasm, so important in the success of many projects, can also be a liability.
  • How to maximize the credibility of your business plan, to ensure the greatest likelihood of acceptance by bankers, investors, commissions, trustees and other important parties.
  • Why you should regard your business plan as a sales tool - the importance of writing the plan in pragmatic, clear language.

Check out our Manual: Developing Your Strategic Plansm or YOUR Business Developmentsm Program*
Guaranteed to
IMPROVE YOUR RESULTS!!

Complete list of Tips

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*The purchase of this MANUAL includes free telephone consulting.

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