Why Do Entrepreneurs Struggle So Much With Business Plans?

in RS Sellers Thu Sep 14, 2017 8:49 am
by jensenbreck • Superman | 109 Posts | 1090 Points

I have built, reviewed, and acted on many business plans in my 12 year career as a business owner, business advisor and investor. For me, some of the characteristics of a successful and relevant business plan stand out. However, in conversations with entrepreneurs, I often get asked a range of questions from the sections that need to be included, to validating assumptions, to the best approach to physically complete a plan.

A truly relevant business plan cannot be created without context and some validation of the business concept. This is true whether you are at the early stage of building a business, or are seeking funding for your business from a bank or an investor. How do you go about validating your business idea so it helps in not only creating a solid plan, but also lends credibility in front of different audiences?

I didn't find the right solution from the Internet.


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