Importance of a business plan to an entrepreneur?

Standard

My answer to Importance of a business plan to an entrepreneur?

Answer by Ken Larson:

How are you going to do it if you cannot plan it?

That is another way of phrasing your question, which gets to the heart of a business plan. Others will ask you that question as you seek their help.

A business plan is vital to not only establish your own confidence in an enterprise launch, but also to convince co-founders, bankers, industry partners who can support you that your road map will reach its destination.

Importance of a business plan to an entrepreneur?

Advertisements

About rosecoveredglasses

2 Tours in US Army Vietnam. Retired from 36 Years in the Defense Industrial Complex after working on 25 major weapons systems, many of which are in use today in the Middle East. Volunteer MicroMentor. I specialize in Small, Veteran-owned, Minority-Owned and Woman-Owned Businesses beginning work for the Federal Government. MicroMentor is a non-profit organization offering free assistance to small business in business planning, operations, marketing and other aspects of starting and successfully operating a small enterprise. You can set up a case with me at MicroMentor by going to: http://www.micromentor.org/ key words: "Federal Government Contracting"

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s