| Writing an effective business plan is actually the first | | | | Goals are meant to be achieved and dreams are just |
| step to success for you and your business. It is the | | | | feel good factors. |
| make or break point where looking at your business | | | | Do: Talk about yourself and explain why you are |
| plan, one can grant you a loan or reject your | | | | suited for this type of business. What makes you good |
| application. | | | | and why should the organization lend you money. |
| There are several key aspects of a business plan and | | | | Highlight all these factors and convince that you are |
| also some do's and don't that you need to follow. | | | | the right person. |
| Do: Make sure the business plan is crystal clear, crisp, | | | | Don't: Do not boast about your achievements, just |
| neatly organized, chronologically placed, and realistic to | | | | mention them. Do not elaborate on your capabilities |
| read. | | | | because that should be left for the lenders to see for |
| Don't: Never jumble information and always have one | | | | themselves. If you have any previous achievements, |
| single order of events. Either go subject wise or | | | | just list them. |
| alphabet wise in your index. Never jumble it up. | | | | Do: Be confident in your speech and see that what |
| Do: Be extremely realistic with your goals, ideas and | | | | you say is what you mean. |
| expectations. | | | | Don't: Do not show them you are insecure at any |
| Don't: Do not make tall claims, and make-believe goals | | | | given point of time and see that your tone of speech |
| that are impossible to achieve. Never use words like | | | | reflects that at all times. |
| dreams in your plan because dreams are not goals. | | | | |