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Not true! Every type and size of business needs a written business plan ... a “roadmap” of where you started, where you are now, and where you want to be one year, three years or even five years from now.
A business plan keeps you on track and focused on the goals and tasks at hand. Your experience, your education, your skills, the people you hire to do those things you aren’t qualified to do, and your method of operation are all important to your business’ success; but the most successful business owners will tell you that it was their constant updating of their business plan from year to year that made the difference.
“You can't overestimate the need to plan and prepare. In most of the mistakes I've made, there has been this common theme of inadequate planning beforehand. You really can't over-prepare in business!”
-- Chris Corrigan
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