Business Plan Requirements

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Plan well and work hard and you will have the satisfaction of seeing your ...

This paper explains some of the concepts of requirements management and introduces a number of techniques that can be applied.

Include current and future funding requirements, how that funding will be used and long range strategies that impact funding request.

Any factors which directly impact your ability to repay your loan should be included, such as acquisitions, sale of the business in future or a buyout.

Writing a business plan need not be an overwhelming task if you consider the following information.

Before drafting a business plan it is important to understand why this document is so important to the success of your business.

A crucial document in securing funding from creditors and investors, the business plan should be well organized with a focus on specific strengths that set your business apart from the competition. In the simplest of terms, that is how you start a business and then run like crazy to not only cross the finish line, but win the race.

Starting your own business could be a life-long dream, a family endeavor, or even a ... Small Business Administration, half of all small businesses will fail before reaching their fifth anniversary.

Paper presented at PMI® Global Congress 2015—EMEA, London, England. Managing requirements is a key tool for business and project success.

: techniques to get it right when planning requirements.


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