Deconstructed: Your Cannabis Business Plan

· Cannabusiness

While a business certainly does not need capital to be successful, many entrepreneurs find themselves in search of the perfect balance between the receipt of outside capital and the loss of internal equity. An effective business plan can mean the difference between a conversation with an investor and an investment in your emerging business.

A good business plan and pitch deck convey business goals and strategies, market and competitive analysis, organizational structure and financial information. They project three to five years ahead and take the reader down the path of intended business evolution.

A goal without a plan is just a wish – Antoine de Saint-Exupéry

While there are several ways to create an effective business plan, below is a suggested format:

An effective plan for any emerging business is clear, concise and compelling. It uses charts and graphs to highlight the main numbers, avoids industry jargon, has a professional aesthetic and is no more than 25 pages in length with under 10 additional pages of appendices. The intention is to ease investor due diligence to the extent possible.

Simple wording does not mean simple thinking. An effective business plan speaks less and says more.

Based in the Bay Area, Mazakali provides comprehensive consulting services to emerging and established entrepreneurs in the cannabis industry. Take your vision to the next level with the experienced Mazakali team.

Written by Mazakali · · Cannabusiness
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