A business owner needs to be specific about what he expects his business to be,where does he want to take it and how. The lenders are keen on knowing whatthe borrower???????s goals are, how the money would be used and the roadmap topay back the amount.
This poll was conducted during a recent webinar by Biz2Credit in partnership with Palo Alto Software. Figures represented here are based on the opinions of 100+ small business owners.
A business plan is one of the most crucial aspects of setting up a business as it acts asa yardstick that benchmarks the where, when and how of a business.