Business Plan

The first thing that a Company must do prior to raising capital is preparing a comprehensive business plan. Most entrepreneurs loath the time and effort it will take to prepare a proper business plan. But just because you believe you know your business inside and out it does not excuse you from putting it in writing. A business plan clarifies exactly what you want to do and how you are going to get there. It is time consuming and you will be constantly tweaking it but in the end you have a much clearer vision of business and the costs associated with moving it forward.

If you do not know how to construct comprehensive business plan then hire a professional to assist you. If you are too dam lazy to spend the time to write one or don’t think you need one then you have no business trying to take your company public in the first place.

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Other posts of the serie

  1. Raising Capital for OTCBB Listed Companies - October 29, 2007
  2. Raising Capital for OTCBB Listed Companies – Part 1 - November 6, 2007
  3. Raising Capital for OTCBB Listed Companies – Part II - November 12, 2007
  4. Raising Capital for OTCBB Listed Companies – Part III - November 13, 2007
  5. Raising Capital for OTCBB Listed Companies – Part IV - November 14, 2007
  6. Raising Capital for OTCBB Listed Companies – Part V - November 15, 2007
  7. Raising Capital for OTCBB Listed Companies – Part VI - November 16, 2007
  8. Raising Capital for OTCBB Listed Companies – Part VII - November 19, 2007
  9. Raising Capital for OTCBB Listed Companies – Part VIII (This post) - November 20, 2007
  10. Raising Capital for OTCBB Listed Companies – Part IX - November 23, 2007
  11. Raising Capital for OTCBB Listed Companies – Part X - December 3, 2007