Plan Ahead

A little preparation goes a long way.

May 07, 2001

A business plan is a smart way to explore the feasibility of anew business before you actually start it. A good plan can help youspot flaws in your business concept: You may uncover toughcompetition or find that your financial projections simplyaren’t realistic. On the other hand, a business plan thatdoesn’t predict failure can be a comfort and a motivator toproceed.

A business plan is a smart way to explore the feasibility of anew business before you actually start it. A good plan can help youspot flaws in your business concept: You may uncover toughcompetition or find that your financial projections simplyaren’t realistic. On the other hand, a business plan thatdoesn’t predict failure can be a comfort and a motivator toproceed.

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