Robert Scoble, author and technology evangalist blogger, notes with emphasis that the suggestion that Twitter and several other popular sites got funded without a business plan is just plain wrong. “If you REALLY think you can get funded without having a business plan you’re probably smoking something illegal.” Planning is about goals, commitments, accountability, not just a document.
It’s about time somebody pointed that out. It should be obvious. A plan is not just a document, but much more important, a plan, as in a plan that sets objectives for the long term and steps to achieve those objectives, and process to track steps, and analysis of cash flow implications, resources required, and focus on key points. You may be able to get financed without presenting to investors a PhD quality coil-bound formal; but that doesn’t mean you don’t have a plan.
How LivePlan makes your business more successful
If you're writing a business plan, you're in luck. Online business planning software makes it easier than ever before to put together a business plan for your business.
As you'll see in a moment, LivePlan is more than just business plan software, though. It's a knowledgable guide combined with a professional designer coupled with a financial wizard. It'll help you get over the three most common business hurdles with ease.
Let's take a look at those common hurdles, and see how producing a top-notch business plan sets your business up for success.Click to continue