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Business Planning for New Entrepreneurs

In: Mastering Technology Transfer: From Invention to Innovation

Author

Listed:
  • George Vekinis

    (National Centre for Scientific Research Demokritos)

Abstract

Your business plan is the blueprint of your business venture. It has to include all aspects relating to the business opportunity, your proposed solution, the team and your methods, the financial proposals and projections, the target market and the risk analysis, complete with suggested solutions for reducing commercialisation risks and other aspects. Above all else, it has to be truthful, sincere and convincing to the investors who will be reading it. Carry out your preparatory studies as well as possible and ask yourself continuously, as if you were the investor, “is my plan complete and convincing?.” Everything depends on it.

Suggested Citation

  • George Vekinis, 2023. "Business Planning for New Entrepreneurs," Studies on Entrepreneurship, Structural Change and Industrial Dynamics, in: Mastering Technology Transfer: From Invention to Innovation, edition 2, chapter 0, pages 163-180, Springer.
    • Handle: RePEc:spr:seschp:978-3-031-44369-5_14
    DOI: 10.1007/978-3-031-44369-5_14
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