Business Plan Failures #1 Failing to Plan

Why do so many businesses fail?
It is common knowledge that many businesses don't survive past their first three years. For many, a lack of planning is the key reason leading to their business failure. Fail to plan equals plan to fail.

In this series, we will look at this idea of why just having a business plan is not enough. We'll look at five reasons why your business plan will fail.
We will identify and closely examine these reasons that business plans fail. And we're going to look at what you can do to overcome these reasons for failure. Once we have identified the reasons, we'll explore the steps you need to take to achieve your goals by creating an achievable plan of action for your business .
Series Outline:

• Overview of why you need a business plan to be successful
• Business Plan Failure Reason #1
• Business Plan Failure Reason #2
• Business Plan Failure Reason #3
• Business Plan Failure Reason #4
• Business Plan Failure Reason #5
• What Should be in a Business Plan?
• A Successful Approach to Business Planning

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