Since 1980 onward, business plans have become standard staple in lending and investing. They provide, or so their supporters will argue, a standardized way to look at a business. Business plans require entrepreneurs to actually “plan” and they are the road map an entrepreneur uses from start-up through to a full -scale operation. So why… Continue reading Part 2: Why Businesses Fail
Category: business plan
Do I need a Business Plan? (Psst … You May Not) Part 1
Do I need a business plan? I cannot tell you how often I get this question. Early in my career, I was an avid supporter of Business Plans. Not the business plan itself perse, but the planning process. Planning, in itself is crucial to the success of a business-or so I thought. However, over the… Continue reading Do I need a Business Plan? (Psst … You May Not) Part 1