Why We Need A Business Plan

Jul 12, 2011. You should write a business plan--even if youre not raising money any time soon.. the key questions to answer, like What features do customers really want?, Will customers buy our product and how much will they pay?, and How can we attract customers in a way thats cost effective and scalable? Apr 19, 2017. YES! It is of critical importance to prepare a business plan prior to starting your business. The business plan is the road map your business will follow the plan that shows where you are going, what your business objectives are and how to get there. The plan is a written document that outlines this. When I am asked to explain why business planning is so important, my first inclination is to quote Lewis Carroll. In Alices Adventures in Wonderland, Alice comes to a fork in the road and asks Would you tell me, please, which way I ought to go from here? That depends a good deal on where you want to get to, said the.

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