Author: smejoinupblog

Avoid These 8 Errors By Hiring Business Plan Writing Services

Avoid These 8 Errors By Hiring Business Plan Writing Services

Entrepreneurs often ask business plan writing service providers if they need any business plan at all unless they are looking at raising an external investment for their startup. A business plan is a set of complicated documents, entrepreneurs usually try keeping them on the back burner and only create it before a fund-raising situation.

 

Image result for business plan

image courtesy:Planning Financials

However, they overlook the fact that they require the business plan more than anyone else since it works as a blueprint strategy for the company, team communication, and progress metrics. More than an external investor, a successful business plan writing services helps clarify the roadmap to the entrepreneur and benefits the entrepreneur since they are the ultimate investor.

Business plans writing services are an excellent alternative for entrepreneurs and SME’s which offers expert business plan writing services in respective industries and what will be required to make the business idea successful.

There is enough content available on what should be included in a successful business plan and what will make them fundable. But rarely entrepreneurs look at the other side of the coin and gauge what are the shortfalls in a business plan that make it non-fundable.

Following is such a list of few reasons why usually a business plan is not fundable by any investor.

  1. Disparity between founders

Investors invest on people and not on business ideas. No matter how exciting a business idea is, it also requires the right kind of people to execute the same. People are the most important asset to any company and a right team with a good experience mix makes it a winning combination. In the journey of building an enterprise, such team members will often have their difference of opinions or style of working.

It is important to set of people who can make up for their differences and come to a common conclusion in the interest of the company. Usually, the external team members like advisors come to a rescue in such a situation.

  1. Copy models

 Many entrepreneurs normally try to make the next Facebook, Twitter or whatever of the world. Such ideas are mistrusted by investors or other stakeholders and usually are avoided by them. In rare cases, this phenomenon has also worked. Example Google was the next Yahoo, but there are very few exceptions to this law. Big disruptive successes create a new market and don’t merely copy-paste an existing available model or a business idea. It is important for an entrepreneur to resolve a critical mass problem than making a better version of an existing product for its long-term sustainability.

  1. Overlooking the problem-solution fit 

Investors appreciate a problem-solut… READ MORE

 

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Factors To Keep In Mind While Choosing Business Plan Writing Services In Pune & Mumbai

Factors To Keep In Mind While Choosing Business Plan Writing Services In Pune & Mumbai

The demand for business plan writing services in Pune and Mumbai is increasing due to a rise in the entrepreneurial eco-system. One of the important aspects of an entrepreneur’s journey is building a business plan. Whether it is being built to gain more clarity on the concept and plan various scenarios, or for raising investments, a business plan will serve all the objectives.

However, most of the entrepreneurs are usually people who have expertise in technology or marketing. Thus, most of them lack skills in building a successful business plan. This is where a professional business plan writing service will come handy.

Taking services of a project report writer isn’t as simple as hiring an outsourcing partner. Often, the business plan writer ends up in providing business plan and model guidance. And thus, the quality, skills, experience and technical knowledge of the writer matter the most. A business plan writing service provider comprises of a team of experts that take an entrepreneur’s plan of the idea and numbers, and combine both with their own research in order to produce a professional business plan.

 

Business plan writing services in Pune & Mumbai

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Nonetheless, business plan writers don’t merely reformat an entrepreneur’s pre-planned numbers and put them into a business plan. Neither, they provide a service which challenges an entrepreneur from every angle. Wise business plan writing service providers strike a balance of holding to the entrepreneur’s idea, also improving them accordingly where the experts see a fit. Following are the factors that an entrepreneur must check before hiring business plan writing services in Pune & Mumbai.

  1. Package offering 

In most of the cases, business plans are created to raise investments. But apart from that, there are various other reasons like creating a plan for hiring purpose, various…. READ MORE

 

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Mail: request@smejoinup.com
Call: +91-8378011112

Executive Summary Tips By Business Plan Writing Services in Pune & Mumbai

Executive Summary Tips By Business Plan Writing Services in Pune & Mumbai

With the boom in startups, there is also a surge in business plan writing services in Pune and Mumbai. However just writing a successful business plan is not important. It needs to be coupled with a great executive summary which briefly outlines a company’s goals and purpose. Executive summaries are the doorway to a business plan which helps in grabbing the reader’s attention and informs them why they should read the rest of the business plan.

An executive summary covers the key points of a business plan and works as an overview of the content of the business plan. It helps in saving the time of the readers and helps them to set expectations of the content further. The summary has to be clear, concise and businesslike and must entice the reader to further read the detailed plan. In fact, in most of the cases, summaries are all that investors read. And that’s why is often the make or break section of a business plan.

Executive summaries are like elevators and business pitch. It needs to clearly outline customer problem, the entrepreneur’s unique solution and how they will make a profit. Since summaries are a snapshot of the business plan, they are usually written after the business plan is complete. Usually, it becomes challenging for entrepreneurs to summarize the entire plan within two pages, but anything beyond this length will not excite a reader to read it further.

Moreover, one important aspect of summaries is that they shouldn’t be hyped. It should help readers to be excited about the opportunity the entrepreneur plans to solve and how the idea will be successfully executed. There are various successful business plans and the entrepreneurs must do the following. 

  1. Present a clear concept

Quite often entrepreneurs miss out on conveying the important aspects of their business plan in the summaries assuming that the reader will read the details further ahead. One should not overlook the critical points that differentiate a business from its competitors. If the concept is too technical or complicated, then one should explain it with a user case study in brief. A good business concept should be described well in few words and sentences rather than too many pages.

  1. Use professional help of business plan writing services in Pune and Mumbai 

A summary must be able to convey the areas of focus and critical areas of a business plan. It must highlight the support that the entrepreneur is seeking from the reader which can include investments, … READ MORE

 

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Business Plan- Who Needs It? Top 5 Business Segments Where Business Plans Widely Used

Business Plan- Who Needs It? Top 5 Business Segments Where Business Plans Widely Used

business plan is simply a document outlining business objectives and how these objectives are going to be met by way of tactical plans. Included in a business plan are business strategies, aims and objectives, people, pricing strategy, marketing and communications plans as well as key financial indicators.

Where Is Business Plan Widely Used?

business plan is like a map and a compass for a business. Without it, you’re traveling blind. With a plan, you set objectives, establish priorities, and provide for cash flow.

Business Plan is widely used in…

1.You are applying for a business loan.

Majority of the banks require it, and even those that don’t strictly require it expects it. They expect it to be a summary of the business, with some predictable key points.

2. It is used when you are looking for business investments

Investors require a business plan. They invest in the people, the idea, the track records, the market, the technology, and other factors; but they look to the business plan to define and explain the business.

3. It is used for Alliances

An entrepreneurial firm may need to form alliances with other firms to reach new markets, develop new products, or create common facilities. Other firms may want to know more about the business before committing to any long-term arrangement. Sometimes, a business plan can help convince a well-established retailer or distributor to commit to the start-up.

4. It is used if an entrepreneurs… READ MORE

 

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How To Make Business Plans for Small Business in India

How To Make Business Plans for Small Business in India

Business Plan….It is building a Blueprint for Success

Planning Your Business – You are thinking about starting your very own business, but you’re looking for a little guidance to ensure you’re headed in the right direction.

Why It Is Important To Prepare A Business Plan?

Many entrepreneurs write a business plan only when they need to secure start-up financing. However, your plan is far more than a document for banks and investors to read; it’s an invaluable road map for launching and growing your business.

In order to put your business concept on paper, you need to think through and research the many factors that are needed to make sure your business is a success. With a plan, not only can you spot potential weaknesses, opportunities, and threats, your plan can help you make informed decisions about your venture before you commit yourself legally or financially.

What should you include in your business plan…

business plan chart1

 

What Are The Critical Components Of Winning Business Plan

At the top of the page, right under your business name, include a one-sentence overview of your business that sums up the essence of what you are doing. This can.. READ MORE

 

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8 Key Differences – Android Vs iOS Mobile App Development

8 Key Differences – Android Vs iOS Mobile App Development

It is the era of technological advancements, and when it comes to mobile apps, the raging question is between Android Vs iOSwhich app platform to consider. According to a Gartner study conducted in August 2016 Android leads the market with a huge 87% market share whereas iOS operating system stands with a measly 12 % share. However, if you are considering expanding your business reach by getting a mobile app developed it is better not to get influenced by the numbers.

Let us explain to you what are 8 key differences between Android Vs iOS mobile platforms.

Demographics

Consider the kind of target audience you wish your app to cater to. This is because Android has been found to have more acceptance in the developing countries. Asia and Africa are the two zones where most of the android users can be found.

Android Vs iOS

On the other hand, iOS as a platform is doing well in developed areas like USA, Australia, and Europe. Though there are no sure shot reasons why this trend exists, any mobile app development draws attention to this factor.

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  1. Privacy concerns­

Android as an operating system is fairly much more open in comparison to an iOS app development. It leads to increased incidents of malware and cyber-attacks from external parties. There READ MORE

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Take Your HR To The Cloud – Simplify Your HR Tasks

Take Your HR To The Cloud – Simplify Your HR Tasks

Want to simplify your HR?  In today’s HR landscape, desktop software is on the way out, with businesses preferring more flexible cloud solutions, bringing their HR software on cloud.

HR Software and HR systems are complicated. Because navigating functionality and mining data can be difficult with most HR systems, Modern HR organizations today are searching for ways to streamline.

As this blog has discussed before, cloud software is a popular choice for businesses concerned about costs, security, and the ability to scale to meet future growth.

 

Simplify your HR

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Here are 5 significant reasons that inspire the need to

Simplify your HR

#1. Access To Global Engagement On The Go

Running a successful HR department can cost a lot of money, which is why around 50% of companies outsource at least part of their HR needs. This allows smaller companies to hire world-class experts for a reasonable price. To simplify your HR; Cloud-based HR systems allow managers to connect with each employee individually, and easily customize the engagement with offices in different geographi… READ MORE

 

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Mail: request@smejoinup.com
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