We asked some of the Sharks to give us their best advice regarding the most common questions they've received over the years from entreprenuers. Here's what they had to say:
6. Where can I get help creating a business plan?
Barbara Corcoran: Sit down and write out a clear picture of what your product or service is, what it will cost, what it will sell for and who will buy it. Then put down on paper the concrete steps you'll need to take to bring it to fruition. After that you can ask your friends and enemies to honestly critique the plan and share with you what's unclear, what makes no sense and what's missing.
Daymond John: Small business consulting firms. Then look for a consultant in the area of business that you would like to go in.
Kevin Harrington: There are plenty of books and websites to help you craft a good business plan. Entrepreneur magazine is a good start, and there are plenty of others available at bookstores. Bankers and small agencies like the Small Business Administration can also help you craft your plan. You can also get help at universities through entrepreneur programs.
Robert Herjavec: Spend less time on your plan and find more time talking to people who will actually buy your product. I never had a business plan for my first four businesses.