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The TOP TWELVE Business Planning Mistakes

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Business planning is often talked about as a challenging process to go through either to start a new business or as the essential process of taking ownership of an existing business. Many business plans fail to achieve their objective, not because they represent a bad idea but because they fall into classic business planning pitfalls or fall over blinding obvious credibility cliffs.
The business-planning process is in itself a very worthwhile pursuit, they take a lot of effort and resource. A business plan's primary purpose is to convey an idea with a view to achieving a specific goal, most typically in securing funding. 


What makes a good business plan is less clearly defined.

Always remember that a business plan needs to be tailored to its target audience, if you have different audiences you will need to be able to flex your plan to that audiences specific needs. That means shaping it, edit it and amending it to achieve your objective. 
If you would like to know how to avoid these t…