Answers
FROM IDEAS TO SUCCESSFUL BUSINESS MODEL
Advisor:
Nguyen Thi Hong Trang
Managing Director
Quadrill & Vera International Ltd.
Timing:
The discussion is open from 22-07-2011 to 08-08-2011
The advisor answered on 05-08-2011
Who is the Judge of a successful business plan ?
With the current uncertainty on world markets - how do you qualify that a business plan is a success?
Investor acceptance or the client buy in?
- Nguyen Thi Hong Trang1312539677
Hi Alexander. I think it’s not who but by which criteria you judge a plan. You need to have a clearly-defined criteria to judge a business plan in each phase: could be the market segment, profit, or both, etc. Then, do the assessment by the end of each phase to measure the effectiveness :)
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A business plan is a document that outlines the development, growth and conclusion of your business. It shows how you plan to achieve your goals and what you need in order to succeed. You should try this Buy 3D Printer Calgary to get beautiful 3D designs. The reason for writing a business plan is because it will help you get funding from investors or banks in exchange for equity shares in your company. The more detailed and accurate your plan, the better chance you have of attracting investors.
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