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Section 1 Exploratory Phase Download Exploratory Phase We can also call this stage of your business planning venture the “pre-feasibility stage.” It is critical to your success that you have a firm understanding among all who wish to be a part of the venture about what you plan to do. It is important to question yourselves on critical financial and risk matters – and question others who have expertise in such areas as financing, layout of the market, etc. Contents How to Use this Section So You Want to Build a Packing Plant? How Will the Process Start? Working with Groups Cost and Financial Models - Plus Samples Assess Group Skills The Cycle of a Project Questions to Consider Factors in New Business Success Deals From a Banker’s Perspective Searching for Capital Making Use of Economic Developers Initial Thoughts on Marketing |
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 Introduction
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