16 REASONS WHY YOU NEED A BUSINESS PLAN

Business plan clarify your thoughts about your business

It gives you a deep understanding of your market

Business plan gets you organized and keep you on track

Business plan allow you to iron out possible kinks

Business plans help you to foster alignment

It allows founders to articulate the vision and missions and hold them accountable

It helps you to establish benchmarks
Business plan help you establish milestones

It gives better understanding of customers and competitors

Business plan help you attract investors

Business plan help you access the feasibility of the business idea

Business plans reduces the risk poof pursuing wrong opportunities

Business plans help you attract teams (both management and employees)

Business plan positions your brand

Business plan posit and position your business to changing conditions

Business plan help you to uncover new opportunities

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