Everyday most startups reach out for funding to implement or expand their ideas. Unfortunately, most of them do not have an effective business plan. If you are looking for funding, you’ll need more than a dream to share with people. Package it in a well written business plan format. This will serve as a personal and professional road map for you. Some start-up entrepreneurs are not accessing funding facility and meeting global opportunities because they do not have a business plan and other necessary structures for their business. Recently @WHAIafrica had a grant approval of $30,000 but we couldn’t access it. Why? We have no audited account of the previous financial years. This is similar to what a business plan does to your business. When you have access to funding or other opportunities that will help accelerate your enterprise, and you are told to bring some supporting documents about your business, and you don’t have them, you loose out. #L2GwithAdaAfrica is not for the big guys in the cities, I relate more with startups in the informal settings and mentor them. From experience, they really do not get what a business plan is or how it looks like. I charge hundred thousands of Naira to develop proposals, business plans and other strategies for the ‘big guys’. However, for startups, I prefer to teach them to do it themselves.
If you are a start-up entrepreneur, I encourage you to find and read copies of business plans and strategies for established businesses. That gives you an idea of how it looks like before I sign up to teach those of you interested in developing your own business plan and strategy. There are still bounty opportunities out there, seeking for someone to apply for them. Hit your keyboard buttons, find the one you are eligible and talk to me about it. I would be available to answer your questions and walk you through. Trust me, you will go places. Recognize what God has called you to be, accept the gifts He has given you and start building on them.
©Udegboka Tessie Nkechi