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The 5 Stages of Entrepreneurship

Hubspot Sales

Stage 2: Planning Just as architects need building plans to construct a new building, entrepreneurs need business plans to create successful businesses. Developing a business plan helps you estimate costs, identify risks, and set up risk mitigation measures. You desire to expand faster.

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The Ultimate Guide to Entrepreneurship

Hubspot Sales

recession between 2008 and 2011, it has rebounded and is now back to pre-recession growth rates. Small business loans provide an established source of financing that favors more traditional business models. If you go this route, expect to present a meticulous and clear business plan and to account for every penny.

article thumbnail

The Ultimate Guide to Entrepreneurship

Hubspot Sales

recession between 2008 and 2011, it has rebounded and is now back to pre-recession growth rates. Small business loans provide an established source of financing that favors more traditional business models. If you go this route, expect to present a meticulous and clear business plan and to account for every penny.