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To begin, some basic notions that should be clarified. A business set up plan is, in the words of the expert, “a methodology that systematizes and integrates the activities that will be necessary for a business idea to become a company and that gives off expectations that show that it is profitable”. Or in other words, it is the hook to catch an investor and tell him that our idea is great and very profitable.
“It is a communication tool selling an original idea and serves to attract and convince people who have the resources to put it into operation,”. But in addition to raising funds, the business plan is also the best tool to evaluate the viability of your business.
It often tends to confuse business plan, A1 Singapore company incorporation and marketing plan. It should be clarified that the first two, in essence, are the same. The third is a part of the other two.
What is the difference between a business plan and a business set up plan? The first one usually refers to a business that starts and that has to necessarily include the information on the procedures for setting … READ MORE ...