New Business Plan Template App Makes It Easy For Small Businesses To Write Risk Proof Business Plans
Jun 1, 2018
A New Business Planning App Has Taken A Control Element From The GDPR Requirements To Reduce The Risks Of Writing Business Plans To Raise Finance
London, United Kingdom - May 31, 2018 /MarketersMedia/ —
After twenty-three years of providing financial services to multi-billion-dollar organizations, a small company has decided to model the risk control methods of top companies to produce an app for writing compelling business plans.
According to owner of BPRCT, the developers of the business app, “not every business owner or entrepreneur knows that only 2% of business plans are successful in getting investment finance. In other words, for every hundred plans that are written to raise investment finance, ninety-eight will fail”.
He says that the statistics is kinder for start-up businesses applying for bank loans, however 60% of business plans are rejected after a quick scan.
According to the Small Business Administration (SBA), from 2015 the breakdown of approval rates for an SBA 7(a) loan varies based on gender, ethnicity and location lines: 29% approval for all minority-owned businesses versus 57% white-owned, 71% for male-owned businesses versus 29% female-owned, 67% existing businesses versus 33% new business, and 17% rural companies versus 83% urban.
To address the lottery of writing a business plan to raise investment finance, the business owner has developed a new business plan template app that takes most of risks out of writing a compelling business plan.
According to the owner of BPRCT, “to reduce the risk of paying a fine of up to 4% of their revenue for breach of the GDPR regulations, top companies will ensure their web-based risk control systems are updated to mitigate the risks of financial loss”.
“By applying similar risk controls to the business planning process and writing business plans, start-up and small business can reduce the risk of their plans not being read by providers of finance. In turn this will increase their chances of getting finance”, says David Davis, the owner of BPRCT.
“Your business plan must get their interest, then it must tell them exactly what they want to hear while appealing to their appetite for risk and reward. This is where ninety eight percent of business plans fail”, he says.
About The Business Plan Risk Control Template App
The BPRCT app makes it easy for business owners and entrepreneurs to buck the trend when it comes to getting finance. The app’s risk-based approach forces the writer of business plans to provide decision makers with compelling information that they need on which to base their decisions.
A brief test of the BPRCT app confirmed that it was easy to use. To access the app, users have to enter their details in a web form. The app immediately appears with its main menu. From there, the user can start writing their business plan.
The BPRCT app is different to popular business plan software. Included with the app is a video featuring a serial entrepreneur taking budding entrepreneurs through the exact process of writing a compelling business plan that addresses all the risks.
Th verdict… the BPRCT app actually works. It’s very easy to use and is an extremely valuable business resource.
Unlike the GDPR regulations that took effect on May 25, 2018 and are still being played out, the approach to writing a risk-based business plan to raise finance using the BPRCT app is what providers of finance have long been preaching.
With the app being made available for FREE, this is a real bargain.
Visit https://bprct.com/ for more information.
Contact Info:
Name: David Davis
Email: admin@bprct.com
Organization: BPRCT
Address: 18 Leahall Gardens, Leahall Road, London E10 7AW
Phone: +44(0) 208-558-9432
For more information, please visit https://bprct.com/
Source: MarketersMedia
Release ID: 352816
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