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Are Business Plans Still Necessary?

http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/

by DanielRibeiro • 16 years ago

6 4 16 years ago

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bothsidesofthetable.com

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4

BluePoints• 16 years ago

Business Plans should now be called 'working notes'

tzm• 16 years ago

The last 2 startups I was involved in had no formal business plan. Instead they both relied heavily on a solid marketing plan, a rough demo and the team. That's it. Back of the napkin discussions which raised over $1m each during the seed rounds.

mkramlich• 16 years ago

Plans may change or be forgotten but planning is essential.

beagle3• 16 years ago

As Dwight Eisenhower once said: (Business) plans are useless, but planning is indispensable.

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