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Your Business Plan

The road is littered with people who got very excited about creating a home business but never developed a plan to carry it out. More than a few thought, “I just want to open a little business from my house.” The success of any business idea, no matter how grand or how small, depends on planning.

Most small home businesses don't call for elaborate business plans. A lengthy and detailed plan is needed if you decide to seek financing from third-party lenders such as banks, investors, or venture capitalists. Realistically, they want to know how viable the company is before they lend you money or invest in it.


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