Really useful and valuable post!
You’ve got a winning business idea. You’re excited,
inspired, and poised to take the plunge
(congratulations, by the way!). Next step: write a
Unfortunately, Googling “writing a business plan”
yields an intimidating 99,600,000 results. There’s
an abundance of tips on how to craft executive
summaries, marketing plans, and projections.
While these are all fundamental pieces of a
business plan (and you should definitely do them),
there’s a little more to it than that. A stellar
business plan spreads a little magic, leaving its
reader eager to get involved.
To help you whip up your own dash of brilliance,
let’s look at (and learn from) some of the common
mistakes budding entrepreneurs make when
penning their plans.
Common Mistake #1: Thinking You Don’t
Need to Write One
Before we get practical, let’s take a step back and
get clear on the point of writing a business plan.
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