I’d also have to produce financial projections that include balance sheets, income statements, and cash flow statement to prove the return on investment. I must also demonstrate to my boss how we plan on reaching our strategic goals. This includes highlighting specific tactics, such as product development and marketing campaigns.
I’d also need to explain how the money raised by potential lenders or investors will be spent so that they know where their money goes. Overall developing this type of comprehensive business plan is essential for convincing stakeholders that they should invest in my company’s growth story.