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One popular question we hear is, do I need a business plan if I am buying a franchise? The quick answer is yes! Cheree Warrick is an expert when it comes to planning. Cheree is a business plan writer at The Profit Partner. Find out everything you need to know about writing business plans by listening to this podcast.
The Profit Partner writes business plans for entrepreneurs seeking capital from banks, angel investors and venture capitalists. Their big, audacious goal is to help 1000 entrepreneurs raise over $1 billion in capital for their growing enterprises. Raising capital for your business is extremely competitive. Less than 40% of bank loans are approved for funding. Less than 10% of enterprises pitched to angel investors and less than 1% pitched to venture capitalists are funded. You MUST have an investable business plan, financial projections, and pitch deck to receive the funding you deserve.
See samples of our work at https://writemybusinessplan.com.
In part two, we play a clip from our popular Great Quotes in Franchising podcast.