The first time I remember seeing a business plan , I was in my final year of college . The class was designed to help students understand how to start a psychological counseling business and that was something I was hoping to accomplish after graduate school . The plan was massive – thirty or forty pages of really important … something . “ Executive summary .” “ Financials .” “ Market analysis .” I didn ’ t know where all the information came from , but I could tell it was something I was going to need to copy for my own business a few years later .
Fast forward past graduate school and into law school . I took a handful of business courses and got my hands on many different business plans . Some were for service-based businesses . Others were for product businesses . Different industries , different financial requirements , but I noticed a common theme among all of them . Surprisingly , they all looked like the plan I first saw in college . Same format , same length , and even some of the same language .
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