Benefits of business plan to the Financial Sources


  • A business plan provides details on the market potential and plans for securing a share of that market.


  • Through prospective financial statements, a business plan illustrates the venture’s ability to service debt or provide an adequate return on equity. 

  • A business plan identifies critical risks and crucial events with a discussion of contingency plans that provide opportunities for the venture’s success.

  • A business plan provides financial sources with a clear, concise document that contains the necessary information for a thorough business and financial evaluation.


  • A business plan provides a useful guide for assessing the individual entrepreneur’s planning and managerial ability. 

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