Why Do Entrepreneurs Struggle So Much With Business Plans?
in RS Sellers
Thu Sep 14, 2017 8:49 am
• 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.