A Road Map to Business Plan - For First Generation Entrepreneurs to Obtain Venture Capital

Abstract

(In today's competitive business world it is difficult for the first generation entrepreneurs to obtain funds to convert their innovative ideas into a reality. The solution is preparation of a well-drafted business plan which will convince the venture capitalists to provide funding. This article describes the concept of a business plan and showcases the components of a business plan. It also highlights the dos and don'ts of a business plan.)