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By Peppin Lafontaine at January 13 2019 09:36:00

One crucial function they perform is the formulation of business plans. This plan is based on the information provided by the client coupled with the vast wealth of knowledge and research a business plan consultant has.

Apart from this, they also analyze consumer trends and gather legislation reports and regulations that might have a future impact on your particular venture. These expert individuals make it their responsibility to build upon previous experiences and the requirements needed for you to carry out your intended plan.

Marketing - How is the product or service priced? How will it be distributed? How will it be promoted? Will it be promoted by the venture or an outside agency? What agency? How have you determined what amount to set aside for marketing? How have you determined product or service forecasts? Possible Data Sources: on-line searches; Amazon; local outlets; trade journals; industry attorneys & accountants; salespeople.

Executive Summary - One to three pages that summarize all the information to follow; come back and write this last.

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