What are the most common mistakes made when developing a business plan?
The last most-common mistake and perhaps the most important, is when an entrepreneur decides not to develop a business plan at all. So, you’re smart, have customers lined up and understand the ins and outs of your industry. Okay. But what happens when an unforeseen event or circumstance arises? You need to know “specifically” what to do. What steps, what measures will be taken. These are the types of issues that are discussed in a business plan.
