1. A good business plan is analytical and factual

An angel investor, venture capitalist or consular officer doesn’t care about what you think about your business. They are looking for facts they can consider objectively to come to their own conclusions.

2. A good business plan emphasize on key aspects of the business model.

A good business plan emphasizes on the competitive and risk analyses, a well thought out go-to-market strategy, and a discussion of the skills possessed by the management team.

3. A good business plan discuss the core of the business

A good business plan doesn’t just tell what you sell, who your customers are, what your products are and where your markets are. A good business plans tell investors the very thing they are most interested in knowing:

• How in the next 3 to 5 years, you’re going to take in much more cash than you spend.
• Demonstrate a clear understanding of the cost of everything the business needs to do to achieve its revenue targets and;
• Show that you understand the timing issues involved in managing working capital needs, expanding payrolls, and on-going customer acquisition expenses.

4. A good business plan presents risks appraisal

A good business plan presents investors with a clear and balanced appraisal of the risks you are going to take with their money and decisions.

A good business plans are result-focus, attention to detail and always of the highest quality to bring you closer to materializing your mission, fulfilling your vision, attaining new height and achieving your goal.