As you may have realized, In order to create this detailed view of the future, you’ll have to make a lot of projections, assumptions and predictions about what will happen. The more research you do, the easier it will be to make educated ones. And, the longer you’re in business the better you’ll become at forecasting the future.
What are the top 7 reasons to write your business plan?
Make more money
Save time
Keep you on track and make it easier to be successful
Give you a chance to make mistakes on paper
Create a foundation for your company’s growth
Make running a business easy and fun
And, keep you from making the same mistakes over and over again
So if you’ve been putting off working on your business plan, please reconsider – it may be more helpful than you realize.