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A business plan explains your objectives, the strategies you will employ, and the timeline over which you intend to achieve them. It's an indispensable tool for communicating the business's value and purpose to potential investors and strategic partners. To help you create the most effective business plan possible, here are some best practices to follow.

How to Make an Impression With Your Business Plan

1. Be Honest

Include the most accurate information possible. Don't fudge numbers. For instance, if you don't foresee the business turning a profit until the fifth year, don't try to convince others it will be profitable after only 24 months. Being as conservative as possible in your estimates will make your plans seem more realistic.

2. Be Brief

You don’t want to waste your potential partners’ or lenders’ time, so keep your writing direct and active. Trim out unnecessary details and avoid using a five-dollar word when a shorter, more common one is available. Avoid run-on sentences.

3. Use Visuals

Business plans in Honolulu, HIVisuals break up the monotony of a wall of text. Include photos of the property if the business involves real estate or use graphs to show projected growth from year to year. However, visuals should all be relevant. 

4. Invest in High-Quality Copies

Lenders will be unimpressed with an unprofessional-looking business plan that's smudged or difficult to read. Trust your documents to a reputable, experienced printing service known for their quality and reliability. Your plan should feature crisp lettering, bright colors, and accurate collating.

 

For high-resolution, full-color copies of your business plan, come to Professional Image, a printing service with seven locations throughout Honolulu, HI. We've served businesses and individuals throughout Oahu since 1978, creating important document reproductions as well as providing top quality banners, signs, business cards, and more. Visit our website (www.proimagehawaii.com) to request a quote, or call us at (808) 721-2611 to discuss your needs.

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