top of page
  • Writer's pictureRenzo Mazzini

The reasons to have a Business Plan

As a founders of a startup  you will want to plan in more detail if you’re raising capital or taking on another venture.

But either way, you need a plan, and here’s why:

1. Founders learn the hard way when there is not enough capital to be set aside or when partners of choice become the deception, or simply no other vehicle to make money is available. Having a plan will ensure take you to a safer path.

2. Since we all start “selling”, a business plan helps get you more involved in your start-up heading in the same direction while you are taking the duty of “business development”.

4. Develop a game plan with priorities, reachable goals, measurable performance. Stick to realistic outcome and do not fantasize.

5. Raising capital (or borrowing) must have a clear and direct purpose. More chances are to obtain capital with a plan than without it. I know at the end it is just written on a napkin but something more formal helps.

6. Your time is now.

0 views0 comments

Recent Posts

See All

Avoiding investment contract risks

Avoiding risks on investment contract is important for the safeguard of the financial interests at any engagement in the form investment banking, venture capital, private equity, or other type of vent

Types of Assets Used in Asset-Based Lending

Accounts Receivable: One of the most common forms of collateral in ABL is accounts receivable. Lenders may advance a percentage of the outstanding receivables, providing companies with immediate cash


bottom of page