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3 Things You Should Do Before You Write Your Business Plan

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Creating a business plan is by no means one of the easier parts of starting a business, but it’s a must if you plan on getting funding and people interested in what you have to offer. Below, we’re going to take a look at 3 things you should do before you write your business plan:

Determine What Your Purpose Is

Knowing what your purpose is before you really kick things off is essential. Not only will this encourage you to focus on why you are doing what you’re doing, it’ll help you to come up with a powerful why that will help you to keep on moving forward. Take time to identify and articulate your business’s core values and purpose, and this will help you to make decisions. When you know your purpose, you can make sure everything is in alignment with that purpose. 

Identify Your Target Market

Identifying your target market accurately can be tough. However, this is something you have to do so you can figure out why you’re uniquely placed to solve the problem they are facing. If you can’t figure that out, then you may have the wrong target market or the wrong offering. 

Improve Your Writing 

If you’re going to create a business plan that helps you to get the results you want, improving your writing will be one of the best things you set out to do. The infographic below can help you to improve your business writing! Once you’ve done that, you can get started. 

credit to STL

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