Make Selling Out a Breeze _ Many caterers end up selling their businesses if they retire or move on to other projects. A business plan that is up to date can really help when it comes to valuing your business for a potential sale. If your business offers a buyer a blueprint for managing the business and it offers solid proof that the business is making a profit then it could really help you to seal a deal at a favorable price.
Having an effective business plan is critical to the success of any business. That is why I want us to examine this text entitled "Tips & Traps for Writing an Effective Business Plan." It is written by Greg Balanko_Dickson, a third_generation entrepreneur, Licensed Professional Business Coach and founding member of the Professional Business Coaches Alliance.