Wednesday, October 20, 2010

The team - who will deliver what is said in the business plan?

The management of the company is expected to perform what is said in the business plan. To not promise more than can be delivered is important. Not least in view of future investment rounds in which a good track record from previous plans can be essential for success. Who are those that will help in efforts to manage the business plan expectations? Here it is important to show that the availability of skilled personnel in the company or who may be engaged to come. There is also a network of expertise and knowledge, ranging from legal to marketing and strategy skills. Demonstrating a desire and willingness to take on the necessary external knowledge and to demonstrate the competencies that must be recruited, to be replaced and / or upgrades can be crucial for attracting investor interest. Being able to demonstrate experience of previous successful expansion project is a great advantage.

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