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Your strengths are an integral part of your group, so think about what makes it “tick.” What do you do better than anyone else? What unique or lowest-cost resources are you capable to draw upon that others can’t? Identify and analyze your group’s Unique Selling Proposition , and add this to the Strengths section.
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Any funder worth his or her salt wants to see it proper off the bat. Moreover though, a strong business plan is a residing doc that may proceed to information your efforts as your small business grows. Recently, I shared 18 Mistakes That Kill Startups, an infographic created by Mark Vital over at Funders and Founders. Every business has risks so don’t shrink back from referencing these in your business plan. Having a transparent plan for tips on how to scale back or overcome these is one thing that can set your business plan apart and provides our mortgage evaluation group confidence that you’re ready for the challenge.
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