Why Write Executive Summary In The End?

The regular format for a business plan is to begin with the executive summary, business description and products and services. This is followed by the sales and marketing strategies, competitive analysis, operational management and financial plan. The appendixes and other supporting documents form the last part of the plan.

Why Write Executive Summary In The End_planwriters

It follows that the financial section is the most crucial segment of a business plan. It highlights the cash flow, income and expense projections along with the profit forecasts for the next three to five years. The scope and credibility of the financial plan will directly influence whether the business will manage to secure funding or not.

Therefore, most business entrepreneurs tend to save the financial section for the last. They want to clear out all the segments before concentrating on developing a well-rounded and plausible financial plan.

In contrast, professional business plan writers prefer to write the executive summary in the end. This section may open the business plan but it is meant to encapsulate the entire plan and present a broad picture of the contents. This includes a brief financial analysis as well.

Moreover, the executive summary needs to hit the right notes of interesting, attention-grabbing and yet simple to create a striking impression on the readers. The tone should be enthusiastic and gripping, so that the investors feel compelled to read the rest of the plan.

Professional business plan writers like The Plan Writers (www.planwriters.net) always make it a point to compose the executive summary right in the end. This way they gain a thorough understanding of all the key elements of the business and can cover them in a comprehensive and engaging manner. They ensure that the executive summary is not only complete but also sharp and concise enough to generate interest. The business plan will not end up in the recycler right away for sure!

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What do SBA Business Plans Include?

What do SBA Business Plans Include_the plan writers

Small Business Administration (SBA) business plans are intended for entrepreneurs who want to submit an application for a bank loan. An SBA business plan has a typical format of 20-25 pages that includes market research analysis, market strategy, personnel forecast, product description, pricing, design, and financial analysis. The Plan Writers can be contacted if you are looking for an SBA Business Plan for your business. Contact us on www.planwriters.net or call at 800-691-6202 for your business plan to be completed in 5-6 business days.

Company Relationship Matters in L-1 Visa

The L-1 visa is considered a simple means for managers, executives and other specialized employees of multinational companies to make their way into the USA by transferring to an American parent/branch office. Small business owners also use this route to expand their operations to the States.

Company Relationship Matters in L-1 Visa_planwriters

L-1 visa is primarily a non-immigrant visa that is valid for 3 years only. However, the visa holder usually applies for a Green Card later and becomes a permanent resident sooner or later. There are no treaty country or investment requirements for qualifying for L-1 visa. But other eligibility conditions do apply here and an L-1 business plan is considered mandatory.

At times, the potential intracompany transferee may find himself holding a RFE from the US Immigration office. Do not panic as this is simply a Request for Further Evidence. It denotes that the officers noted a factual discrepancy or other error and require additional evidence. Your response will determine whether the visa will be approved or not.

The RFE often states that the ‘Relationship between the two companies does not qualify’. This can get quite perplexing for the petitioner.

It is a fact that L-1 visa is limited to employees transferring within a “qualifying organization.” In other words, the foreign company should be a subsidiary, parent, affiliate or branch office of the US company. Moreover, both the American and foreign company should be engaged in business for at least one year and throughout the transfer period.

You are sure that you have specified the relationship between the two organizations in the visa application and business plan. You have also expressly stated that the two entities will be active during the appropriate time period. However, the USCIS needs strong evidence, such as the ownership and control facts of both the companies.

This is why visa applicants should use established business plan consulting services – like The Plan Writers (www.planwriters.net) – who can craft a clear, comprehensive and credible L-1 business plan replete with all the requisite proofs and information.

For More :-
Business Plans For L-1 Visa
Makings of An E-2 Visa Business Plan

Business Plan – Different From Business Planning

Business Plan - Different From Business Planning

A business plan is all about a wonderful business idea, concept or opportunity that an entrepreneur wants to exploit and make profits. It assembles everything that the business owner knows, wants and plans to do while launching or managing the business, in a clear and coherent form.

Therefore, a business plan plays a crucial role in any business – be it new or existing, startup or regular. Creating a business plan with the assistance of business plan writing consultants enables the entrepreneur to chart out a clear direction even as it defines the end goal of the business. For existing businesses, the plan can even go a step ahead and project potential growth scenarios or even a shift to capitalize on emerging opportunities.

While a business plan seems to be all-inclusive, it should not be confused with business planning. Indeed, while the terms may appear similar, they cannot be deemed interchangeable.

Business planning is what takes the business plan ahead! As in, it is constant planning and implementation that provides momentum to the business plan and makes it possible to achieve the objectives, goals and mission outlined there.

On another plane, business planning is also concerned with measuring what the business has actually achieved against the metrics defined in the business plan. This helps gauge the actual success of the business. Accordingly, the entrepreneur can also evaluate whether the assumptions and projections laid out in the business plan were realistic and in tune or not. This kind of constant reviewing and updating of the business plan will transform the static document into a dynamic force that is always in sync with the changing times!

Therefore, while a business plan stands distinct from business planning, the two are closely interlinked and also complement each other.

You should provide the right foundation for your business by getting a well-researched and comprehensive business plan drafted by professional business plan writing consultants like The Plan Writers (www.planwriters.net). This combined with ongoing business planning will poise the business for exceptional success!

How SBA Business Plan Is Different?

Small businesses play a crucial role in the American economy. Accordingly, the federal government seeks to aid, protect and develop these small enterprises at every level. As almost no business can do without financing, the United States Small Business Administration (SBA) offers loans and loan guarantees to start, build and grow small businesses.

How SBA Business Plan Is Different_the plan writers

In fact, the SBA offers a bouquet of loan programs for new entrepreneurs who find it difficult to source traditional financing, as the latter are often vary of new ventures. But the SBA also has certain eligibility requirements and even requires a SBA business plan along with the business application.

Once all the conditions are fulfilled, the SBA will guarantee at least a part of the loan to the bank as a security in case the business defaults on the payment. Furthermore, the participating banks and organizations make the SBA loan more feasible with easy terms like lower downpayment, reduced interest rate and longer repayment period.

It follows that the SBA business plan is crucial for qualifying for a SBA loan. In fact, the SBA lays down stringent stipulations for the business plan. Even the format is clearly outlined by the agency and should be strictly adhered to by the applicants. Everything from the purpose to the focus and scope will be markedly different here. Such as:

Mission and goals – The mission of the business should be clear and goals should be compelling. It should explicitly outline the objective of raising funds by convincing investors about the scope of the business venture and potential for growth.

Company description – This should not only define the company but also detail the problem it will solve or need it will meet in the market.

Market analysis – It should identify the target market and its size along with the new trends and potential changes based on latest market data and research.

Organization and management – It is imperative to define the legal structure of the business, the organizational chart as well as the potential contributions of each member of the team.

Financial projections – The financial analysis should assimilate various indicators like income, expenses, breakeven, cash flow and balance sheet along with clear explanations of all assumptions.

Funding request – It should lay out the funding requirements in tune with the financial statement and how they will be utilized. Substantiate that the investment risk is minimal based on the business viability and keys to success. Also prove that the business will be able to overcome the barriers, earn profits and repay the loan.

This plan may seem similar to regular business plans, but there are subtle differences that can make a huge difference. This is why businesses applying for a SBA loan should commission professional and experienced business plan consultants for drafting their SBA business plan that meets the precise SBA loan requirements.

Business Plans For Startups – They Are Different!

Entrepreneurs and managers alike agree that every business needs a business plan. However, the kind of business plan can vary depending on the type of business it has to cater to. Even when it comes to a new business, there are inherent differences between a small business and a startup.

Business Plans For Startups – They Are Different_planwriters

For instance, usually a startup is based on a path-breaking vision. Or, it could even be a novel approach to the business. But it surely is something that others have not tried or maybe, even thought of, earlier.

Therefore, it follows that a business plan for startups cannot be similar to that of a regular business.

Firstly, the goals and motivations behind a startup deviate from those of other businesses. While the latter are mostly geared towards building a solid customer base and earning substantial profits with a lasting future, a startup enthusiast is bent on testing out his innovative concept. The business could become a rousing success or go bankrupt in 6 months itself!

Accordingly, the business model, organizational setup, operations and strategies will also bear a marked variation. Like, the entrepreneur will usually operate a startup from his home or even a coffee shop along with his friends or ex-colleagues who may just be working nights or during lunch hour (they may not even be paid salaries). But a regular business will have a formal place of business with a structured setup of regular employees working normal business hours for fixed salaries.

Similarly, even the capital requirements, return on investment and risk factors will vary a lot. Profits are usually not even envisaged in the near future. But the possibility of having a breakthrough impact on the market looms large.

As it is clear that a business plan for startups calls for a markedly different approach, only skilled and experienced business plan consultants like The Plan Writers (www.planwriters.net) can do justice to the startup!