1- Look at what other businesses are doing wrong so you can do the opposite. -
Sam Baitz, CEO, Shield Funding
My best tip for writing a business plan is to take a step back while you are brainstorming, and come up with strategies that will help you avoid falling into those traps that make so many other businesses fail. You should ensure that your business plan accomplishes these 3 goals: 1) Appeals to your target customer audience, 2) Differentiates your business as unique, 3) Communicates your value propositions in an articulate manner. When marketing yourself properly becomes the foundation of your business plan, you will expand your reach and ultimately make your business profitable.