Free Business Plan Template with Examples PDF
Indeed, it’s famously known that it costs five times more to convert new customers than it does to sell to returning customers. Because business development can look so different among industries and businesses, the strategy behind this function is expansive. Below, we outline each step in the strategy and how to apply it to your business development plan. Make your vision of your startup come to life by thoroughly describing the services and products you will offer.
“A plan does help to see if investors and entrepreneurs are on the same page with general expectations for the business,” she says.…