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Stylish an article stylish the Harvard Business Review, HBS Prof William Sahlman suggests that a eager business plan is one that focuses on a serial of questions. These questions relate to the four factors critical to the success of all new venture: the people, the chance, the context, and the possibilities for both risk and reward.
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Who is the author of the great business plan?
Harvard Business School professor William A. Sahlman's article on how to write a great business plan is a Harvard Business Review classic, and has just been reissued in book form. We asked Sahlman what he would change if he wrote the article, now a decade old, today.
Is it easy to write a great business plan?
A great business plan is not easy to compose, Sahlman acknowledges, largely because most entrepreneurs are wild-eyed optimists. But one that asks the right questions is a powerful tool. A better deal, not to mention a better shot at success, awaits entrepreneurs who use it.
How to write a great business plan-HBS working knowledge?
Based on an article "How to Write a Great Business Plan" by William A. Sahlman in the Harvard Business Review, July-August 1997. The Opportunity of a Lifetimeor Is It? Who is the new venture's customer? How does the customer make decisions about buying this product or service?
Which is the best software to write a business plan?
Q: On the technology front, software applications such as Microsoft Word, Excel, and PowerPoint have added many charting, graphing, and visualizing capabilities. Some business plans are even written as Web pages. Should entrepreneurs avail themselves of these tools for business plans, or do they clutter the message too much?
Last Update: Oct 2021
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