Monday, November 28, 2011

Five Reasons Why NOT to Write a Business Plan

Let’s be honest, business plans are not fun things to write or to read, so I’ve quite happily avoided the subject up to now.So why the sudden change of heart?Well, my view on them is a little unconventional and I figured it’s time I told you why.Admittedly I can think of a few reasons why you might write a business plan, but I can think of whole lot more reasons why you shouldn’t waste your time on them.The fact that business plans are quite boring to write isn’t a good reason not to write one.However, here are my top five other reasons why you shouldn’t waste your time on

one:Business Plans are Guesswork Almost everything you write in your business plan will be guesswork. Even worse, there’s be some pretty inflated and optimistic claims in there that won’t reflect reality at all. Here’s some reasons why you’re going to be doing a lot of guessing:

o You don’t really know how many widgets you’re going to sell until you try to sell some.


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