Much has been written about the need for a business plan. But most often its in the context of a document thats used to raise money, often creating a masterpiece of dazzling charts and colors, with writing often worthy of a Pulitzer Prize. But the long and the short of is that developing a business plan may be the second most important task in creating a foundation for success for an entrepreneur. An army would not go into battle without a battle plan. Nor should a business. And while, it, ultimately, may help you get necessary funding, it should provide a roadmap for how the business will operate from day one and be continually updated as business and market conditions dictate. It should be a living, breathing document.
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