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Consistent, logical and articulated business plan is a key to obtain start-up funding.
A thorough, articulate, and well-researched business plan lays the foundation for obtaining the funding that you need. Writing a great business plan is an exact exercise and in experienced hands, it can be instrumental in achieving your goals. Conversely, a poorly written business plan can significantly decrease your chances of getting funding. Careless mistakes form consistent patterns that can be easily spotted-by yourself or a hired consultant, or, much worse, by a loan officer or potential investor.
White Forest Consulting recommends the strategy of following a rigorous, structured framework for writing a business plan. Frameworks are proven tools, favoured by consultants for one simple reason: they are a brutally effective way to organize and manipulate large amounts of qualitative data.
A framework is simply a structure that organizes your thoughts and analysis in a logical manner. You start with an objective and develop the issues in a non-committed manner, until you have a complete issue tree that completely and concisely solves the objective that you laid out.
A framework allows you to manage large, complex issues by breaking them into logical components. By skillfully laying out the issues, you can manage large amount of data without confusion or repetition.