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By: on November 15, 2021
Market Research is beneficial for your information memorandum in many ways. You can gather data and learn more about your target audience, and if done effectively, you can bring home the victory of succeeding in your market industry. Whether you have a B2C or B2B company, market research is a crucial part of your business journey. The goal of every business is to focus on the customer and to understand their needs. A common approach is to do customer data. More Info https://www.joorney.com/ma...
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By: on November 11, 2021
Conducting market research is a great idea that can benefit your business in many ways. It can be used to make various business decisions such as marketing strategies, product improvement, budgeting, as well as be used in documents to gain fundings and investments. But because of the scope and the complexity of the task, many companies hire specialized agencies and Professional Business Plan Writers to conduct market research for them. More Info https://www.joorney.com/
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By: on November 8, 2021
Have you ever been to a situation where you are not certain if you need an information memorandum or a pitch deck for your business? Information Memorandum and a Pitch Deck can be valuable when presenting your business if you know when to use what type of document. Professional business plan writers and other experts know how busy and engaged you are with growing and establishing your company. If you’re not sure which document you need, this will help you determine that quickly! More Info ...
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By: on November 3, 2021
Financial modeling to a bank loan business plan is like milk to cookies. When applying for a bank loan you need a bank loan business plan, and your document needs to contain financial projections which can only be created through Financial Modeling. It is a crucial section of any business plan. More Info https://www.joorney.com/advisory/financial-model/
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By: on November 1, 2021
It is well known that Market Research is vital for any business. By doing market research, you will understand who your customers and competitors are, as well as the demand for the product/service you provide. A lack of funds when establishing a business may slow up your entrepreneur journey. One of the best ways to increase your business efficiency is to apply for a bank loan by composing a successful business plan. Doing market research is vital for any business. This article will help you lea...
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By: on October 28, 2021
A business plan is not like any other document. It helps you determine and accomplish your goals. Professional Business Plan Writers are well aware of the importance of this document to any business owner.“Without a plan, even the most brilliant business can get lost. You need to have goals, create milestones and have a strategy in place to set yourself up for success.” – Yogi Berra Here are 8 things that professional business plan writers at Joorney focus on when writing a business plan. ...
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By: on October 26, 2021
If you are stuck writing your Financial Projections, fear not. There are a few crucial steps to take to make the whole process less daunting and a bit more palatable. So there are a few things to consider in order to make the best possible financial forecasts to include in your information memorandum. More Info https://www.joorney.com/advisory/financial-model/
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By: on October 22, 2021
Whether you are a business professional, a startup founder, or an ambitious serial entrepreneur, you must have wondered: What is the difference between a Business Plan and a Pitch Deck? Which of these documents fits your needs the best? Are business plans outdated? Do you need both? When you are busy building and growing your company, you do not have all the time in the world to experiment and try out all the options. You want what is best for your business. Read More https://www.joorney.com/...
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By: on October 18, 2021
What is an Information Memorandum, and why do you need it? An Information memorandum, also known as an offering or sales memorandum, is a document primarily made for potential acquirers or investors. It describes what type of transactions you would like to have with an investor – how much of your business you are selling and what the audience will gain for their investment. This document is necessary if you want to invite investments or outright sell your business. Market Research represents t...
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By: on October 14, 2021
Let’s assume that you want to build a new financially sustainable business, but you need some funding. To raise the funding, you will go to a bank, and ask for a loan. Asking a simple question is easy, but convincing a banker to fund your business is not easy at all. You need to provide your banker a bank business plan. A Bank Business Plan for your business is like an ID for you, without it, no one will have any data on you or your business. Before composing a bank business plan, you need to ...
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By: on October 7, 2021
Writing a Bank Business Plan can be a nerve-wracking task. It is a document that represents a deciding factor in getting a loan approved. Its main objective is to show that your business is eligible for repaying a loan in a timely manner. So, keep in mind that it has a very specific objective. While it is important to show every aspect of your business, maybe none is more important than prospects of a steady income. This is where Financial Modeling comes into play. Read More https://www.joorn...
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By: on October 4, 2021
A Pitch Deck and investor business plan are both needed in order to raise capital for your business. They may not be the same, but they both include and prioritize information that would grab investor’s attention. That is why they have a few sections in common despite having different formats. Read More https://www.joorney.com/advisory/pitch-deck/
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