• What benefits are associated with the preparation of a written business plan for a new venture? Who uses such a plan?
• Why do entrepreneurs tend to neglect initial planning? Why would you personally be tempted to neglect it?
• In what way might a business plan be helpful in recruiting key management personnel?
• How might an entrepreneur's perspective differ from an investor's in terms of the business plan?
• Would an intelligent investor really make a decision based on a oneminute review of a business plan? Discuss.