Comments on: Is a Written Business Plan Really Necessary? http://bestbizpractices.org/is-a-written-business-plan-really-necessary/ Because America runs on small business! Wed, 21 Mar 2012 23:03:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Alan Kay http://bestbizpractices.org/is-a-written-business-plan-really-necessary/comment-page-1/#comment-2110 Alan Kay Fri, 06 May 2011 23:37:02 +0000 http://bestbizpractices.org/?p=91#comment-2110 Agree that bus plans are critical. Planning used to be done with the engineer mindset - in order to ensure goals will be met explore every risk / opportunity in rigorous detail. In a constantly changing, unpredictablen world this model no longer holds water. What to do? 1. Use planning to figure out the outcomes you want to deliver (to customers, to shareholders). 2. Become agile, responsive and learning focused Agree that bus plans are critical.

Planning used to be done with the engineer mindset – in order to ensure goals will be met explore every risk / opportunity in rigorous detail. In a constantly changing, unpredictablen world this model no longer holds water.

What to do? 1. Use planning to figure out the outcomes you want to deliver (to customers, to shareholders). 2. Become agile, responsive and learning focused

]]> By: RAPHAEL KYALO http://bestbizpractices.org/is-a-written-business-plan-really-necessary/comment-page-1/#comment-1250 RAPHAEL KYALO Sat, 03 Apr 2010 21:18:11 +0000 http://bestbizpractices.org/?p=91#comment-1250 This sounds like a good thing before you venture into any business. I started a business five years ago with only 20k which grew up to a big business with a big working capital. I did not have any business plan which has led me not to be have any focus on what will happen next. I think I need this idea. This sounds like a good thing before you venture into any business. I started a business five years ago with only 20k which grew up to a big business with a big working capital. I did not have any business plan which has led me not to be have any focus on what will happen next. I think I need this idea.

]]> By: Rishabh Mahajan http://bestbizpractices.org/is-a-written-business-plan-really-necessary/comment-page-1/#comment-924 Rishabh Mahajan Fri, 11 Dec 2009 18:27:08 +0000 http://bestbizpractices.org/?p=91#comment-924 Enlightening... I think i need to start planning now and write down everything related to the work. I have downloaded the white papers and the docs to get me started on the track towards planned entrepreneurship. Enlightening…
I think i need to start planning now and write down everything related to the work. I have downloaded the white papers and the docs to get me started on the track towards planned entrepreneurship.

]]> By: Peter Ramsey http://bestbizpractices.org/is-a-written-business-plan-really-necessary/comment-page-1/#comment-7 Peter Ramsey Fri, 05 Jun 2009 13:21:41 +0000 http://bestbizpractices.org/?p=91#comment-7 I started a small business in 2007 just before the recession hit its worst. I wrote a business plan but never finished it, now I wish I had. I am going back and fix it now. Thanks for the gentle reminder Mike. Yes, you need a solid business plan and I recommend that you take a SCORE class to either see if you have written your plan correctly or to learn how to write a busness plan. P.S. Stick to your budget! I started a small business in 2007 just before the recession hit its worst. I wrote a business plan but never finished it, now I wish I had. I am going back and fix it now. Thanks for the gentle reminder Mike. Yes, you need a solid business plan and I recommend that you take a SCORE class to either see if you have written your plan correctly or to learn how to write a busness plan. P.S. Stick to your budget!

]]> By: Mike Otechi http://bestbizpractices.org/is-a-written-business-plan-really-necessary/comment-page-1/#comment-6 Mike Otechi Sat, 30 May 2009 16:32:05 +0000 http://bestbizpractices.org/?p=91#comment-6 This posting has been very enriching to me here in Nairobi,Kenya. Mike's blog is just a blast. This posting has been very enriching to me here in Nairobi,Kenya. Mike’s blog is just a blast.

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