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Benjamin Franklin once advised, “If you fail to plan, you are planning to fail”. There is no time this rings more true than when going into business.
With all the legal, technical, and financial puzzle pieces fitting together; all the office politics, and dissolved partnerships; a business is the last journey you should embark on without a solid plan.
If you need more convincing, then consider that a business plan isn’t just for writing and sticking in a desk. You will encounter professionals on your business journey who need to see that plan, even if they never read the whole thing.
Here are the five people your business plan is really meant for.
1. Business Coach
It’s increasingly common for entrepreneurs to work with business coaches, mentors, and advisers. These are often former businessmen and women, who have had their moment in the limelight and want to pass the torch to a…
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