June 26, 2017
I believe that business plans have been dead for a decade now; however most people have not caught up to this yet.
I have been telling this story for a long time now, and each year that goes by it becomes more and more relevant.
So I’m going to give you the six main reasons why I believe the business plan is dead.
And if that wasn’t enough, I am also going to blow apart the myth that you need a business plan to get finance from a bank.
It is simply not true.
When banks ask for a business plan, they are not really going to take the time to read it.