- A thoughtful business plan can help startup founders navigate the many challenges of growing a business.
- Business Insider spoke to business consultant Steve Wunker, an advisor to international giants and recent startups alike.
- From his remarks, here are eight essential items founders should keep in mind as they craft a business plan.
- Visit Business Insider’s homepage for more stories.
One of the first steps to launching a business is creating a written plan.
Whether it’s used to pitch investors or just as a roadmap for your team, the best plans are flexible and have weighed all the inherent risks. They’re also conservative and passionate at the same time.
For advice on how to create a strong business plan, Business Insider spoke to Steve Wunker, a managing director at New Markets Advisors, a consulting firm with clients ranging from international giants to recent startups.
Here are eight things founders should consider