There’s a world of difference between the business plan and business planning.

Tim Berry speaks to this in his new article on Entrepreneur.com: Business Plans for Bootstrappers

There is considerable confusion about business plans. Too many people think of a business plan as a document used to describe a business to potential investors. Sure, it works for that. In the real world, investors or not, a business plan helps you reduce uncertainty, manage your business, budget and keep a handle on cash flow.

Read the whole article here.

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Tim BerryTim Berry
Tim Berry

Tim Berry is the founder and chairman of Palo Alto Software and Bplans.com. Follow him on Twitter @Timberry.