A business plan means different things for different people. You can use the same business plan or go a step ahead and customize it to suit the target audience. This becomes a win-win all around!
A business plan is vital for raising funds for a business – be it a startup, a new venture or an existing enterprise. The banks, lenders and other investors will rake through the plan with a fine tooth comb to understand the actual prospects of the business.
Therefore, the investor business plan should excite interest, make the right impression and compel them to find out more about the proposal. Only when they are completely satisfied with the business prospects and financial probabilities will they even consider backing the business.
However, there is a lot more riding on a business plan apart from the crucial responsibility of raising investment capital.
In sum, an investor business plan holds strategic importance which varies depending on the target audience. A professional business plan consultant like The Plan Writers (www.planwriters.net) can not only arm you with a compelling business plan, but also adapt it to the motivations of the person reading the same!