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Stylish an article fashionable the Harvard Business ReviewHarvard Business Brushup is a widespread management magazine promulgated by Harvard Business Publishing, a all owned subsidiary of Harvard University. HBR is published vi times a class and is headquartered in Brighton, Massachusetts., HBS Professor William Sahlman suggests that a great business plan is i that focuses connected a series of questions. These questions relate to the four factors important to the achiever of every new-sprung venture: the citizenry, the opportunity, the context, and the possibilities for some risk and advantage.
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Who are the people in a business plan?
1 The market, including both existing and prospective clients, customers, and users of the planned product or service. 2 The investors, whether of financial or other resources. 3 The producer, whether the entrepreneur or the inventor.
What are the key concepts of a business plan?
Key concepts include: A business plan can't be a tightly crafted prediction of the future but rather a depiction of how events might unfold and a road map for change. The people making the forecasts are more important than the numbers themselves.
Who is the author of the great business plan?
Harvard Business School professor William A. Sahlman's article on how to write a great business plan is a Harvard Business Review classic, and has just been reissued in book form. We asked Sahlman what he would change if he wrote the article, now a decade old, today.
What's the best way to write a business plan?
Sean Silverthorne: " How to Write a Great Business Plan " has been one of the most downloaded articles on Harvard Business Publishing since you wrote it in 1997. Why do you think you hit a nerve? Bill Sahlman: Writing a business plan is a seminal moment in the life of a new venture.
Last Update: Oct 2021
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