Why write a business plan? - Deepstash

Why write a business plan?

  • Without a business plan as a baseline, it will be far more difficult to track your progress, make adjustments, and have historical information readily available to reference when making difficult decisions.
  • Investors and loan providers need to know that you have a solid understanding of the trajectory of your business. You need to prove that there is an attainable and sustainable need for your solution, that you have a strong business strategy, and that your business can be financially stable. 
  • By having a written business plan that you’re regularly reviewing, you can make confident decisions.

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"If you think education is expensive, try ignorance. " ~ Derek Bok

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