Top Reasons Why Your Business Plan Did Not Work Out
                     Top Reasons Why Your Business Plan Did Not Work Out
https://www.maroofhs.com/post/business-plan-writing-for-lenders-
and-investors/
Investors often think twice before funding start-ups, so your business 
plan has to be exceptional to impress them. But if your pitch deck 
fails to get the much-needed funding from investors, there must be 
something wrong with your business plan. Here are the reasons why 
a business plan might fail to get the investors' attention:
Unrealistic Assumptions
It's good to be optimistic about your businesses' future and present it 
to investors. But, you should be realistic as that's what makes 
investors genuinely see the potential of your business and fund for it. 
Financial projections and cash flow statements should be presented 
accurately to get funded.
Explaining sales forecasts without complete information can be a red 
flag for investors. You need to focus more on cash flows and not just 
profits while presenting your business plan.
Using Business Plan Templates
If you've used ready-made templates for your business plan, that 
can be another significant reason for your plan to fail. Templates are 
great if you're doing a quick presentation for a business meeting but 
not your business plan. 
No competition
It's great that you have a business idea, but there's no business 
without a competitor in the market. If you mention that your 
business is new and has no competition to investors, they will not 
buy it. You need to go out there and look for companies doing what 
you're doing.
Of course, it will not be the same, but you will have direct and 
indirect competitors. So, please do your research well before putting 
anything in your business plan and presenting it to the investors.
Final Thoughts
Business plans are crucial to get that "YES" from investors as that's 
what determines your initial success. It's essential to craft a business 
plan from scratch so that your idea is well-thought-out on paper and 
presented.
These are some of the most common reasons why a business plan 
fails and if you're still unsure why it failed, here are more reasons 
other than the ones mentioned above to check out. More details visit 
https://www.maroofhs.com/post/business-plan-writing-for-l
enders-and-investors/
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