The 3-2-1 Formula

Recently I posted a piece on my allbusiness.com blog suggesting a 3-2-1 formula for essentials in business plans.

The first three points, focus, specifics, and cash flow, are essential for any business planning, whether or not seeking investment or loans is involved.

The next two, making the investors money and management team, are essential for plans related to seeking investment.

The final, sixth of six, is collateral as essential for plans seeking bank loans.

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