Page 13 - Hazels Dilemma CS

The Business Plan

Unlike most start-up entrepreneurs Hazel had the funds to

back her business proposal. Consequently, Holly suggested
that 'unlike the average start-up business Hazel did not
need to provide a business plan to present to any

prospective lender to support a loan request'.

However, Hazel said she wanted
to develop a business plan to at
least formalise her business

outline as well as to act as a base
line against which she could

measure her progress.

Hazel believed she knew what

caused start-ups to fail and
therefore was determined to

avoid them.