Is It Important to have a Business Plan?

[AmazingJob]

Business plan is very vital to help entrepreneurs on ideas. It is powerful tool to also succeed both short-term and long-term objectives.

As Benjamin Franklin once said "If you fail to plan, you are planning to fail."

So, he is right the first time he said this. If we don't plan for our success, we can't be successful. There is no business without business plans.

I agree that even a best business plan will not work if we are not to formulate, execute and implement a strategic plan. It will only work if we start writing what we plan.

 

[eldavis]

Business plan is more like the map of the business, every action or step you need to take is carefully stated on the business plan. For your business to go smoothly, you need a business plan to work with.

 

[AmazingJob]

Business plan is more like the map of the business, every action or step you need to take is carefully stated on the business plan. For your business to go smoothly, you need a business plan to work with.

That is true. And also, if you need to ask someone for partnership, business plan is important as this is will asked by the potential business partner.

 

[Bisolami]

Business plan is very vital to help entrepreneurs on ideas. It is powerful tool to also succeed both short-term and long-term objectives.

As Benjamin Franklin once said "If you fail to plan, you are planning to fail."

So, he is right the first time he said this. If we don't plan for our success, we can't be successful. There is no business without business plans.

I agree that even a best business plan will not work if we are not to formulate, execute and implement a strategic plan. It will only work if we start writing what we plan.

There is nothing that we can do without a plan so it is very important for everybody to have a business plan if truly you want a business to grow

 

[AmazingJob]

There is nothing that we can do without a plan so it is very important for everybody to have a business plan if truly you want a business to grow

So it is like writing a thesis in college. It is a must for entrepreneur to settle this matter first for him to have growth. This is to tell him where is he leading the business to.

 

[Raja]

A business without plan is like travelling in a car without any headlights in night

 

[AmazingJob]

It is like going to the battlefield without a sword or a gun. The leaders should be prepared.

 

[Enxx]

When we have a business plan, it will help us to be successful with the business and also setting up a plan will help in achieving goals for the business

 

[Shavkat]

This is an important thing to do in companies. If we are not going to do business plans, how can the businesses survive.

 

[Johnson2468]

Business plan is very vital to help entrepreneurs on ideas. It is powerful tool to also succeed both short-term and long-term objectives.

As Benjamin Franklin once said "If you fail to plan, you are planning to fail."

So, he is right the first time he said this. If we don't plan for our success, we can't be successful. There is no business without business plans.

I agree that even a best business plan will not work if we are not to formulate, execute and implement a strategic plan. It will only work if we start writing what we plan.

Business plan is like a map that shows the business each move at every step

 

[AmazingJob]

You are all correct. We need a business plan to ensure success. Planning is important. It is the backbone, a map, if I can borrow the word of Johnson. Business cannot survive according to Shavkat. We need this to achieve success.

 

[Starmix]

How can you run a business without a plan. Planning is important not only in business but in our daily Iives. Many failed because they failed to plan. The same way as in family planning, no family planning would lead to marriage crumbling, the same to business.

 

[AmazingJob]

How can you run a business without a plan. Planning is important not only in business but in our daily Iives. Many failed because they failed to plan. The same way as in family planning, no family planning would lead to marriage crumbling, the same to business.

Yes I agree. Planning should not only be done in starting a business but to life as well. Planning will definitely help us secure the business, secure the future.

 

[Starmix]

Planning is where we standout and it's where we stand when we fall. We have to prosper our plan, make it happen thru action and not to be kept ob mind.

 

[Springtime]

Planning is the backbone of a business. Proper planning for sales and marketing, products and finance are crucial to the survival of a business.

 

[Starmix]

You can't operate a business without planning. That's one factor why a business failed because the owner failed to plan. It's not like magic.

 

[cherry123]

A business plan is good for all business it will serve as a direction compass for the business.

 

[Starmix]

Correct how would a business grow without proper planning. It must be done and implemented before starting the business.

 

[cherry123]

Without a business plan a business owner might just be roaming aimlessly with the business.

 

[Starmix]

The unplanned business will gradually fall down. It's not loved by the owner, hence it's uncared.