Yes, writing a business plan is a lot of work. And it demands a healthy dose of legwork and critical thinking, especially in some areas of business that may be unfamiliar to you.

But one thing is certain: Business plans are not is a waste of time.

They’re actually the best thing that could happen to your startup, and in this episode I’ll share 5 important benefits.

In this episode you will learn:

1. How a business plan can save your startup from failing.
2. Why winging it is not a strategy – and how that hurts your odds for success.
3. Why a business plan attracts investors... even if they don’t read it (and they likely won’t).
4. Why a business plan done right is flexible, not rigid.

Resources:

• Are your financial projections realistic? [link: How To Estimate]
• Are customers will to pay for what you’re selling?
• Your business plan needs an annual review
• Take a look at my Business Plan Kit
• Talk to me about writing a custom business plan for you.

SPECIAL OFFER:

• Listeners can get 1 FREE hour of consulting by using the code “startup” or mentioning this offer when they book a call.

Connect:

• Visit my website
• Book a FREE discovery call
• Subscribe to my newsletter
• Tight budget? Check out my DIY Kit