Should an entrepreneur write a business plan by himself/herself?

[Niyi Briggs]

There are people who are business consultants. They, by training, understand how the world of business works. They offer business plan writing for businesses and potential entrepreneurs.

Should a business person write a business plan by himself/ herself or contract these experts to write for him/ her?

 

[Johnson2468]

Entrepreneur can write a business plan by themselves, but it's not always necessary. If an entrepreneur lacks the expertise or resources to write a comprehensive and effective business plan, it may be worth working with a professional to help them develop a solid plan for their business.

 

[flower]

Proposal could be written by the business owner and the project could be given out to a professional.

 

[Shavkat]

I do think he or she should do this to determine how viable his or her business is. For me, it is best to conduct a business feasibilty study.

 

[Heatman]

If you have the knowledge of how to write your own business plan, I don't see any reason why you shouldn't do it yourself.

 

[Springtime]

If the entrepreneur does not have the necessary skills to write a proper business plan, s(he) better hire a business professional to do the job. That is essential if the entrepreneur would like to attract investors.

 

[riberet19]

Everything that is written is memorized more easily and more if you write it daily to repeatedly tell your mind what the plan is, a plan should always be designed to a greater or lesser extent for a business to work, if it is always written is better.

 

[SHAHID987]

Entrepreneur is aware of all pros and cones of his business he knows all details he knows the limitation of his business so in my view he can better make business plan as compare to other expert.

 

[Bisolami]

There are people who are business consultants. They, by training, understand how the world of business works. They offer business plan writing for businesses and potential entrepreneurs.

Should a business person write a business plan by himself/ herself or contract these experts to write for him/ her?

It is very possible for an entrepreneur to write is business plan all by himself and most of them write it by themselves

 

[eldavis]

There is really no legal law or whatsoever stopping a business owner form writing his or her own business plan, the most important thing is that you know how to write it. Or you could simply hire a professional to help you out if you want to

 

[Bisolami]

There is really no legal law or whatsoever stopping a business owner form writing his or her own business plan, the most important thing is that you know how to write it. Or you could simply hire a professional to help you out if you want to

It is even important for every business person to write a business plan so that he or she will do better at it

 

[Niyi Briggs]

Since you would be the person to execute the plan as an entrepreneur, it is important that you write it yourself so that you understand how to execute it well.

 

[Shavkat]

Entrepreneur is aware of all pros and cones of his business he knows all details he knows the limitation of his business so in my view he can better make business plan as compare to other expert.

I do think they should be aware about their businesses. It would be a big problem if they cannot point out the problems along the operations of their businesses. Being active with their business plans will be a plus for them.

 

[Niyi Briggs]

It is not the consultants that would be with them when they start facing challenges. Business is not about template. It is very real and practical. If you can't write a business plan, don't do business.

 

[Bisolami]

Since you would be the person to execute the plan as an entrepreneur, it is important that you write it yourself so that you understand how to execute it well.

It is a good thing to write the plan yourself and it also make sense if it can be written by someone for you. Just make sure that you have a business plan.

 

[Etini Willie]

Not everyone is able to translate their mental vision to writing. Someone can write it for the entrepreneur but the most important thing is that the entrepreneur must have a vision which must be reflected in the business plan.

 

[Stardom22]

It depends on the person's choice of the same. Business plan is no something that is so difficult to prepare that you are supposed to outsource the services of a mentor for the same.

 

[astutimeliana723]

As for me, I always write my own business plan, because my business is a small-scale business that I can handle myself for business management matters. As for operational activities, I need family assistance.

 

[Bisolami]

It depends on the person's choice of the same. Business plan is no something that is so difficult to prepare that you are supposed to outsource the services of a mentor for the same.

There are some business owners who are capable of writing their business plans by themselves. There are also some of them who employ people to help them write their business plans

 

[eldavis]

One good trait I believe every business owner have is knowing when to ask for help. These days you can easily seek out someone with more experience to help you create or write out a business plan for yourself.