KAZEY JOURNAL

When it comes to bringing a business idea into reality, a major problem that always arises is the lack of funds due to the nature of the plan intended. But nevertheless a good business plans does require that you look for external finances to ensure that there is a total distribution of resources contribution and enough funds to maintain the perfect architecture of the plan, withdrawing from ones own pocket is highly discouraged even if you have the surplus funds because it normally leads to the restricted urge of trying to be prudent in spending to save and thus affect the supposed desired achievement massively. Due to the this fact most of the basic necessities and luxury that ensures success is cut back in attempt to save more.
So really the need to look for external financing is really a must, but then again most of the so-called young entrepreneurs are running away from it due to the fact that they have to share the profits earned. One fact is most are greedy and self-centred. The others, well not really to be blamed perhaps we might say, because of issues like the likelihood of investors stealing the idea.

But the truth about new unique business is even the business plan are stolen nothing really can be archived with the business idea. What of if my idea were stolen through the business plan, what would I do? They would ask? I would say I don’t care. As long as I designed the business plan myself. The business plan is supposed to address what you are doing, what you are tackling, and the forecasted market and possible income from it.
The Business plan does not contain the step-by-step approach to running the system I suppose!! It’s a guide. And therefore replicating and implementing it would be really hard, if it’s as unique as it’s supposed to be. I would say I would only give proposals to business ideas that are only unique; otherwise what’s new about them, if they are just some imitated concept of another persons business, and what is the turning point? Well so really the alarm, is uncalled for!! And besides I am yet to come across someone whose business ideas was stolen by the investor through a business plan and implemented.
The hard part of business plans is the convincing part. You really have to convince your investors to invest; by really understanding what you are doing and making them see what you have installed. Raising the capitals after designing the business plan is not that difficult, if you really have the business plan designed. How many of you have really designed one and couldn’t raise the capital? I really doubt any of you does. All we do is complain without effort.

And one more tip, do you want your company to be a multinational standard? To achieve this does not require any voodoo that is. The basic rule is to get it financed by external resources, be consistent as much as possible, and make sure all your plans are followed, reviewed and redeveloped in a cycle to the later, and always enjoy firing under performers, retraining would cost you more than recruiting a better one. And to end it, it’s easier saying than doing.