A good business plan starts with a solid foundation. Professional Business Plan Writers will tell you exactly what should make up that foundation. Among other things, that includes thorough market research. The one thing professionals know is that this research can make or break your business plan. Whether they get your business plan writing business or not, there is a few things they want you to know. Read More https://www.joorney.com/

When it comes to planning a business, the financial projections in the business plan are arguably one of the most important parts. You may or may not be aware that financial modeling is involved too. These two aspects of the business plan – Financial Modeling and financial projections – are clearly important but, is one more important than the other? Read More https://www.joorney.com/advisory/financial-model/

There are so many things to think about when creating your Bank Business Plan or information memorandum. There is a lot of common knowledge around these two documents. There is also a lot of misconceptions and disinformation. Read More https://www.joorney.com/advisory/confidential-information-memorandum-cim/

It seems like everything in life has changed with the onset and continuation of the pandemic. Outside of regular routines, businesses are near the top of this list. This means that the documents that support them, such as a business plan or Pitch Deck, are evolving as well. More info https://www.joorney.com/advisory/pitch-deck/

If you frequently prepare Confidential Information Memorandums (CIMS), then you are well aware of the role of financial modeling in their creation. If you are new to information memorandums and business deals, you may be less aware. If you fall into the latter group, read on. Read More https://www.joorney.com/advisory/confidential-information-memorandum-cim/

Professional business plan writers know what works for a Bank Business Plan. They have seen the plans that work, and they know the ones that don’t. After seeing so many of them, they have identified the most important aspects of the winners. Now, they are sharing that information with you. More Info https://www.joorney.com/commercial/sba-bank-loan-business-plan/

Market research is imperative when it comes to your business plan. It may be possible you only think about market research as a single-faceted approach. The truth is Market Research covers a lot of ground and can inform your business plan in a number of ways. Read More https://www.joorney.com/market-research/premium-market-research

Whether you are creating Financial Projections for your business plan, an information memorandum, a pitch deck, or any other business document these helpful tips will still apply. You should make it known throughout the Information Memorandum or business plan where your assumptions came from. In part, this will be explained in writing in other sections of the respective document, and the financial section. More Info https://www.joorney.com/advisory/confidential-information-memorandum-cim/

Financial modeling will play a larger role in the Bank Business Plan than you may realize. Although it is one step removed, it still forms the basis of one of the most important aspects of the plan, the financial projections. Read More https://www.joorney.com/commercial/sba-bank-loan-business-plan/

As a statistic, the outlook for businesses to succeed beyond 10 years can be alarming. As time goes on, the failure rate for startups gradually increases, and on average looks like this: 21.5% of startups fail in the first year, 30% in the second year, 50% in the fifth year, and 70% in their 10th year. In 2019, the long-term failure rate of startups remained around 90%. When you begin to dig into these figures and talk to small business owners, it becomes apparent that one of the main contributo...

Most business documents have a lot in common. One of those commonalities is that they will all include some form of Financial Projections. However, the financials presented will not always be the same. As an example, the financial projections in the business plan differ from those in the information memorandum. Understanding the difference can shed some light on the versatility of financial projections in general. Read More https://www.joorney.com/advisory/financial-model/

Professional business plan writers should actually be known as professional business document writers. They tend to not just write business plans. They often also write standalone executive summaries, teasers, or the Pitch Deck. The reason they are able to offer these additional documents is that many of the skills are transferable. Read More https://www.joorney.com/advisory/pitch-deck/