028 – Skip The Business Plan




Help Start My Small Business show

Summary: Writing a business plan is hard work. When Joel & I wrote our first business plan many years ago we spent months agonizing over every detail. And you know what? It just didn't matter. Now don't get me wrong. As a planner and highly detailed person I would never tell someone to start a business without planning. But we have all been sold this idea of a Holy Grail of a business plan. How it must contain specific facts and numbers and statistics. The truth is, you just don't know! This week we give you some practical advice regarding business plans: What basics should you include in a plan? Why does a business plan keep you from starting your business? What financial projections should be included in a business plan? What do you need to know about yourself to write your business plan? Do you have a written business plan? How detailed is it? Comment below...