5 Business Plan myths debunked – Forbes.com

Posted on January 7, 2014 by Andrew Munro

A useful piece on Forbes.com covering popular misconceptions regarding the need for , or purpose of, business plans.

Point 3 is especially important to those looking to raise funds:

“… the initial purpose of your plan is to influence investors to meet with you. Or, if they have already met with you, to further convince them to invest in your company. Your plan alone will not get you funding…”

 

About Andrew Munro

An independent business consultant, interim manager and writer, Andrew operates through his company, Burning Pine Ltd (http://burningpine.com).
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2 Responses to 5 Business Plan myths debunked – Forbes.com

  1. John Smith says:
    January 7, 2014 at 5:37 pm

    Reblogged this on THE STRATEGIC LEARNER and commented:
    I’m always supportive of debunking …

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