We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Research proposal: Significance of business plans - Thesis Example

Comments (0) Cite this document
Summary
The Venture Capital (VC) sector is the backbone of innovation and is crucial for the transformation of unique ideas into valuable business enterprises. Without venture funding, firms such as Google and Facebook would never have even existed. Individuals with a unique business proposition often seek external seed funding in order to invest in necessary resources that can facilitate idea transformation into sustainable business models…
Download full paper
GRAB THE BEST PAPER
Research proposal: Significance of business plans
Read TextPreview

Extract of sample
Research proposal: Significance of business plans

Download file to see previous pages... As such, a business plan contains elements of the concept, operational effectiveness, strategic direction and financial estimates. In most cases, venture capitalists insist on having a thorough analysis of all risk factors and an evaluation of all possible sc...enarios that can affect the company’s growth. Today, the venture capital industry has not only emerged into a major driver for economic growth and stability, but has also evolved into one of the major sources of job creation and innovation (Silver, 2009). Thus, the importance of a business plan in this context is very important and must be thoroughly investigated. Besides serving as a benchmark for possible funding, the business plan provides an investor with an overview of the company’s estimated value and offers a set of milestones that the entrepreneur aspires to achieve during the funding period (Landstrom, 2005). Further, a business plan provides investors with an overview of possible methods through which they can earn a decent return on their investments. Given the numerous objectives realized through the development of a business plan, it is believed that understanding its significance can be beneficial in managing a business successfully. Besides, gaining an insight into business plans will provide an overview of the expectations and potential areas of investment that will be explored. Thus, besides helping young firms secure funding, the proposed study will also be useful for guiding mature companies in their daily activities (Sherman, 2012). Such knowledge is also relevant in the case of project financing as there is a constant need for monitoring the progress of the project and taking necessary steps by comparing current scenarios against established benchmarks. Given the wide range of business areas that can be served through the use of business plans, it is important to understand the prominence of business plans in promoting entrepreneurship and modern finance. 2. Literature Review The literature review has been undertaken with a view to understand the relevance of business plans for funding purposes. In addition, information on the recommended contents of such plans was also obtained from various secondary sources. While the proposed study provides information on the specific contents of a general business plan, the following paragraphs shed some light on some of the qualitative factors that entrepreneurs must consider when developing their business plans. According to Berkery (2007), entrepreneurs who successfully secure funding need to encompass many details into their business plans. Most importantly, a business plan should provide the perfect ‘positioning’, convincing the venture capital investor of its success and profit potentials and its place within the overall industry. For example, seeking investments to develop ideas based on social networking (such as Facebook, Dropbox, Instagram) etc., are likely to receive greater approval than those that seek to develop unique technology for the defense sector (Blair, 2008). In ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Research proposal: Significance of business plans Thesis”, n.d.)
Retrieved from https://studentshare.org/business/1396966-business-management-thesis
(Research Proposal: Significance of Business Plans Thesis)
https://studentshare.org/business/1396966-business-management-thesis.
“Research Proposal: Significance of Business Plans Thesis”, n.d. https://studentshare.org/business/1396966-business-management-thesis.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Enhancing Learning Through Architecture: Natural Light in Learning Environments: A Research Proposal
Enhancing Learning Through Architecture: Natural Light in Learning Environments: A Research Proposal Introduction Use of readily available resources to enhance human experience and lifestyle is a practical way to implement in man’s daily activities. Short-term and long-term results and advantages can be gained from this practice.
23 Pages(5750 words)Thesis
Corporate Social Responsibility: An Evaluation of ItsRelevance in the 21st Century
Numerous cases that are committed against stakeholders by firms that are considered to be socially responsible have raised doubts regarding the congruence and coherence between CSR theories and its actuality. In this regard, some have questioned the continued relevance of CSR in the current conduct of business.
60 Pages(15000 words)Thesis
Qualitative proposal research regarding ARE DOCTORS SUPPORTIVE OR OBSTICLES IN QUALITY IMPROVMENT PROGRAM
ompetitive marketplace, and quality-conscious health care purchasers and consumers—enthusiasm for CQI may be on the decline (Shortell, Levin, OBrien, & Hughes, 1995). One barrier to successful implementation and survival of CQI is physician reluctance to adopt new work
8 Pages(2000 words)Thesis
Reaserch Proposal, outline and theoretical framework
Pakistan Cement Industry has huge potential for export of cement to neighbouring countries like India, U.A.E, Afghanistan, Iraq and Russian States. There has been a strong growth
4 Pages(1000 words)Thesis
PHD Proposal
The current state of research provides sufficient information about the role of video modeling in teaching autistic children; the main problem, however, is in that the majority of the recent research findings come from the West and do not account for
4 Pages(1000 words)Thesis
Thesis Research Proposal/ Sports Tourism in the UAE: Implications for cultural acceptance and participation by women
The core reason for choosing qualitative method is because quantitative procedures will not be sufficient to completely analyze the research questions. Qualitative method studies things in their natural settings and interprets them accordingly and gives focus
5 Pages(1250 words)Thesis
The Significance of Art Education to Stakeholders
The research surveyed a total of 20 respondents, 10 of them were teachers from various departments, 5 were school administrators, with the other 5 being members of the board of educators. The
1 Pages(250 words)Thesis
Research Proposal (Ideology)
There are different types of media and means of globalization digitalization in the modern world. The most important role is played by the global technological and communicative means, but a difference in affordability and availability of these means is often
3 Pages(750 words)Thesis
About digital marketing but the title is not set yet
As the societies are digitally involved in these changes, organizations followed their audience influenced by the new enterprises and new mediums. This required a new approach to being connected to their audiences: Organizations went digital. Digital Marketing has therefore
60 Pages(15000 words)Thesis
Action Research Proposal
The studies that have been conducted in the same field will form the basis of the literature review section. The research will utilize both qualitative and quantitative research methods to collect data which will be analysed in order to get answers
16 Pages(4000 words)Thesis
Let us find you another Thesis on topic Research proposal: Significance of business plans for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us