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Research: Writing a Business Plan Makes Your Startup More Likely to Succeed

Harvard Business

” It is a school of thought now fashionable in entrepreneurship circles. This includes everything from past entrepreneurial experience to the need for external finance and the urge to grow the business or to innovate. Better-financed startups are more likely to succeed. So are more experienced entrepreneurs.

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A Blueprint for Digital Companies’ Financial Reporting

Harvard Business

Based on disclosures following this blueprint, a smart analyst can project a firm’s future revenues, estimate outlays required to sustain the firm’s business model, and calculate the present value of future cash flows. The analyst can then top that valuation with the option values of moonshot projects.