Secrets of writing bankable business plans

“A JOURNEY of a thousand miles begins with one small step”, goes a Chinese proverb.

However, in finance, applicable as this may be, one would be correct to say that starting a business without a business plan is like setting out on a journey from the middle of nowhere with neither map nor supplies to see you through the journey, and hoping to find a specific location that you have never been to.

You may have an idea where you want to go, but definitely, without a plan, you have no idea of what direction to take or what supplies you will need along the way.

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