Comments on: Tips for Business Plan Layout http://businessblogs.co.nz/2009/11/12/tips-for-business-plan-layout/ BusinessBlogs Home Base Blog Thu, 11 Mar 2010 19:23:41 +1300 http://wordpress.org/?v=2.8.4 hourly 1 By: Dale Callahan http://businessblogs.co.nz/2009/11/12/tips-for-business-plan-layout/comment-page-1/#comment-2518 Dale Callahan Thu, 12 Nov 2009 15:40:23 +0000 http://businessblogs.co.nz/?p=2505#comment-2518 While I see that a plan does (can) provide you some internal planning to help guide you - I would have to say I see many businesses spending a ton of time writing plans instead of making money. Fact is, if you want financing - show you can make a buck. Investors will invest in a company who has a track record of making money - even if they do not have a plan. (Plans are easy to write - making money is harder.) The problem a lot of first time entrepreneurs have is they see the wisdom you offer, and instead of going off and starting a business - they instead write plans - sometimes for months. For most it is a waste of time. While I see that a plan does (can) provide you some internal planning to help guide you – I would have to say I see many businesses spending a ton of time writing plans instead of making money. Fact is, if you want financing – show you can make a buck. Investors will invest in a company who has a track record of making money – even if they do not have a plan. (Plans are easy to write – making money is harder.)

The problem a lot of first time entrepreneurs have is they see the wisdom you offer, and instead of going off and starting a business – they instead write plans – sometimes for months. For most it is a waste of time.

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