“Experts Views on the Value of Business Plans”

I tend to incorporate what I have learned from my own research on the first post is researching more and using different resources that is available to me when starting my own business. That is important to do all the research that you can, so that you can learn about all the resources that is available. Before reading on the experts, I really did not know about starting my own business plan and the numbers that I would have to figure out. Researching the experts really helped me with my business plan a lot. By reading about how they became experts and they came up in the business. The specific changes that I have made to my plan are how I can lower the cost of start up fees and equipment. At first my number was higher in start up costs and I would have had to increase my loans. The sections of the plan that I consider to be the most important to the investors is sales cost of sales, profit, and cash flow projections.  Those things are important, because when you know them things, it helps you get your numbers right. If you really do not have an idea, then experts are not going to want to work with you. It is important for you to know what you want before going to the experts. It is important to help them help you. When you know what you want, then that makes it easier for the experts help you to develop your business plan. In conclusion, I learned a lot from the experts that I researched. I learned the important factors of my business plan that I need to pay attention to the most.  I also learned that coming up with my numbers for my business plan is really important. That determine how much in loans that I will need to take out. Or if I do not want to want to take out loans, how much I will need to raise.