Comments on: No Business Plan Required: Dumb and Dumber http://upandrunning.bplans.com/2008/12/05/no-business-plan-required-dumb-and-dumber/ Start, Run, and Grow Your Business Sun, 12 Feb 2012 19:52:21 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Mildred I http://upandrunning.bplans.com/2008/12/05/no-business-plan-required-dumb-and-dumber/#comment-362 Mildred I Wed, 29 Apr 2009 20:05:42 +0000 http://upandrunning.entrepreneur.com/2008/12/05/no-business-plan-required-dumb-and-dumber/#comment-362 Intriguing. You made a superb point. Intriguing. You made a superb point.

]]> By: Dennis Burke http://upandrunning.bplans.com/2008/12/05/no-business-plan-required-dumb-and-dumber/#comment-361 Dennis Burke Tue, 09 Dec 2008 15:10:30 +0000 http://upandrunning.entrepreneur.com/2008/12/05/no-business-plan-required-dumb-and-dumber/#comment-361 Please don't apologize. I know you want to see people succeed and the only way to succeed is to have it down where you are going and to be able to tell how to somebody else. You never heard it from me that a business plan is a waste of time! Dennis Please don’t apologize. I know you want to see people succeed and the only way to succeed is to have it down where you are going and to be able to tell how to somebody else. You never heard it from me that a business plan is a waste of time!

Dennis

]]> By: Kate Brodock http://upandrunning.bplans.com/2008/12/05/no-business-plan-required-dumb-and-dumber/#comment-360 Kate Brodock Mon, 08 Dec 2008 13:52:59 +0000 http://upandrunning.entrepreneur.com/2008/12/05/no-business-plan-required-dumb-and-dumber/#comment-360 Tim, I couldn't agree with you more! In my opinion, just going through the process of putting together you business plan is invaluable. It forces you to really analyze your business, and organize the information into an coherent format. It gives you more opportunity to see holes and gaps. And it makes putting together a killer presentation approximately 1.2 billion times easier. And if you think about it, you darn well should have gone through all the analysis that you'd have to for the business plan, whether your end goal was the bplan or not. So, even if you get investors that just want a presentation, for crying out loud do the business plan anyway, even if it's just for yourself (although I agree, you also need it on hand should it be requested or you can't give a presentation). I actually tell people heck, if you can, even after you've got funding and you've been up and running for a year, revisit the business plan and make changes and reanalyze. Cheers, Kate Tim,

I couldn’t agree with you more! In my opinion, just going through the process of putting together you business plan is invaluable. It forces you to really analyze your business, and organize the information into an coherent format. It gives you more opportunity to see holes and gaps. And it makes putting together a killer presentation approximately 1.2 billion times easier.

And if you think about it, you darn well should have gone through all the analysis that you’d have to for the business plan, whether your end goal was the bplan or not. So, even if you get investors that just want a presentation, for crying out loud do the business plan anyway, even if it’s just for yourself (although I agree, you also need it on hand should it be requested or you can’t give a presentation).

I actually tell people heck, if you can, even after you’ve got funding and you’ve been up and running for a year, revisit the business plan and make changes and reanalyze.

Cheers,
Kate

]]> By: Ken Pirok http://upandrunning.bplans.com/2008/12/05/no-business-plan-required-dumb-and-dumber/#comment-359 Ken Pirok Sat, 06 Dec 2008 01:18:31 +0000 http://upandrunning.entrepreneur.com/2008/12/05/no-business-plan-required-dumb-and-dumber/#comment-359 You're right! Every business is different, and every business plan is different. You may not need a formal thirty-pager with attachments. You may even have just a file folder or computer file full of all the pertinent information. But, there are definitely some essentials that you must be able to communicate and have available in writing on fairly short notice. Otherwise, you'll just be forgotten between your pitch and that crucial next step. You’re right! Every business is different, and every business plan is different. You may not need a formal thirty-pager with attachments. You may even have just a file folder or computer file full of all the pertinent information.

But, there are definitely some essentials that you must be able to communicate and have available in writing on fairly short notice. Otherwise, you’ll just be forgotten between your pitch and that crucial next step.

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