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How to Write a Business Plan for an Outpatient Medical Practice

Up and Running

Ultimately, no matter which type of business plan fits your practice’s needs the best, remember: keep it short, know your audience, and don’t be intimidated. Revisit and update it regularly by comparing your forecasts to your actuals and adjusting as necessary. Your funding ask and exit strategy, if applicable.

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Business Startup Checklist

Up and Running

Estimate your basic expenses and forecast sales to ensure that you can make a profit with your business. Now you know a bit more about your target audience, you’ve got the opportunity—through your brand—to grab their attention. Sales forecast. Know your exit strategy. Create a basic financial plan. Balance sheet.

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How to Write a Business Plan

Up and Running

> Know your audience. Your plan should be written in a language that your audience will understand. Your business plan isn’t complete without a financial forecast. Business financials for most startups are less complicated than you think, and a business degree is certainly not required to build a solid financial forecast.

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What to Include in Your Pitch Deck

Up and Running

Investors will expect to see your sales forecast, profit and loss statement, and cash flow forecast for at least three years. Exit strategy. You do this in the form of an “exit strategy” slide that outlines who your potential acquirers might be if you manage to grow your company and be successful.

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What Is a Business Plan?

Up and Running

Before you even start writing your business plan, you need to think about who the audience is and what the goals of your plan are. You don’t do an exit strategy section of your business plan if you’re not writing for investors and therefore you aren’t concerned with an exit. Personnel plan. Profit and loss statement.

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How to Write a Business Plan for a Subscription Box Service

Up and Running

Set milestones to show your business plan’s audience where you realistically see your company going long term. Here are the components of the financial plan that you’ll need to include: Sales forecast : There are two parts involved with your sales forecast — annual revenue projections and cost of goods sold (COGS).

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9 key things to mention when pitching your software startup

The Next Web

Let the investor see the assumptions you’ve built into your financial forecast. Include a forecast that takes into account your revenue projections for the next five years, your gross margins, the ROI for your potential investor and your anticipated exit strategy. Find a real audience. Craft a story.

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