Comments on: A Closer Look at Your Business Plan http://www.logodesignworks.com/businesstips/a-closer-look-at-your-business-plan Entrepreneur Blog Sat, 22 Nov 2008 16:09:58 +0000 http://wordpress.org/?v=2.5.1 By: Small Business Tips » Blog Archive » Improve Your Elevator Pitch to Raise Startup Capital http://www.logodesignworks.com/businesstips/a-closer-look-at-your-business-plan#comment-713 Small Business Tips » Blog Archive » Improve Your Elevator Pitch to Raise Startup Capital Sat, 12 Jul 2008 16:24:27 +0000 http://www.logodesignworks.com/businesstips/a-closer-look-at-your-business-plan#comment-713 [...] concise presentation about your company, products or services designed to draw attention to your business proposal. Just like an elevator ride, you must limit your pitch to a few minutes, or about 150 to 225 [...] [...] concise presentation about your company, products or services designed to draw attention to your business proposal. Just like an elevator ride, you must limit your pitch to a few minutes, or about 150 to 225 [...]

]]> By: Build Your Small Business Around Sports | Logo Design Works http://www.logodesignworks.com/businesstips/a-closer-look-at-your-business-plan#comment-509 Build Your Small Business Around Sports | Logo Design Works Thu, 11 Oct 2007 19:45:20 +0000 http://www.logodesignworks.com/businesstips/a-closer-look-at-your-business-plan#comment-509 [...] Your passion will be a major motivating factor but can also be your very weakness. Make sure you scan the market first before investing. Here are some of the business ideas you can build around your favorite [...] [...] Your passion will be a major motivating factor but can also be your very weakness. Make sure you scan the market first before investing. Here are some of the business ideas you can build around your favorite [...]

]]> By: Update Your Business Plan Regularly | LogoDesignWorks http://www.logodesignworks.com/businesstips/a-closer-look-at-your-business-plan#comment-114 Update Your Business Plan Regularly | LogoDesignWorks Tue, 24 Jul 2007 21:51:13 +0000 http://www.logodesignworks.com/businesstips/a-closer-look-at-your-business-plan#comment-114 [...] often associate business plans with startup companies. However, this is a big mistake for many entrepreneurs - it is vital in [...] [...] often associate business plans with startup companies. However, this is a big mistake for many entrepreneurs - it is vital in [...]

]]> By: raj http://www.logodesignworks.com/businesstips/a-closer-look-at-your-business-plan#comment-54 raj Wed, 11 Jul 2007 19:58:53 +0000 http://www.logodesignworks.com/businesstips/a-closer-look-at-your-business-plan#comment-54 Hmm. Not sure I agree at all, having had two failed businesses with no business plan and one relatively successful one with a strong plan. Here's what we really need to look at: the end game. Looking at new businesses with or without a plan tells you absoluletely nothing about whether they will ultimately succeed. What's more valuable is to look at businesses that failed and ask whether they had a business plan and whether they followed it. Answer: very likely not. This is the way someone put it to me: If you don't know where you're going, how can you get there? Hmm. Not sure I agree at all, having had two failed businesses with no business plan and one relatively successful one with a strong plan.

Here’s what we really need to look at: the end game. Looking at new businesses with or without a plan tells you absoluletely nothing about whether they will ultimately succeed. What’s more valuable is to look at businesses that failed and ask whether they had a business plan and whether they followed it. Answer: very likely not.

This is the way someone put it to me: If you don’t know where you’re going, how can you get there?

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