Question

All successful ventures rest on a strong foundation, so you must take the time to clarify some basic assumptions as you start the business planning process.
First, develop a clear understanding of your goals: Why are you starting a new non-profit venture? Why does an existing organization want to start a new program?Do you have a clear mission that you think you’ll be able to sustain financially?
Second, take time to gather your venture planning team: What skill sets do you require and do you have them? Are there people you can add to your team who have the experience and the drive to help you create a truly bankable business plan?
And finally, set realistic expectations on the time and effort required to complete your business plan. Don’t make it your life’s work, but allow yourself enough time to produce a compelling, convincing plan.
Once you understand why you want to launch a venture, who is going to work on the business plan with you, and howlong it should take to complete a strong plan, you will have established the groundwork for a successful business planning process.

Answer 1

Answer:

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