![]() Short of actually starting the business, writing out a business plan is the next best strategy for seeing whether or not your business is a viable one. There are tremendous benefits to this type of planning and organization. With a business, “the business plan for any business will change over time as the business develops, and any particular business may have multiple business plans as its objectives change.”ĭon’t let that deter you from writing out as comprehensive a business plan as you can. When building a house, the architect has to consider what amount of weight the structure would hold and what types of weather it will encounter but, for the most part, the design is set and unmoving. The blueprint of a business goes further and is more complex than the blueprints for a static structure, Ward writes. Starting a business without a business plan is just as foolish.” ![]() ![]() As Susan Ward puts it on The Balance, “The business plan is the blueprint for your business You wouldn’t walk over to an empty lot and just start nailing boards together if you wanted to build a house. ![]()
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