Comments on: Biz Tip: To Business plan, Or Not To Business Plan? http://technestreport.com/blog/2009/07/31/biz-tip-to-business-plan-or-not-to-business-plan/ We cover, review and analyze the tech industry from head to toe Tue, 22 May 2012 01:33:08 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Jim DeLapa http://technestreport.com/blog/2009/07/31/biz-tip-to-business-plan-or-not-to-business-plan/comment-page-1/#comment-921 Jim DeLapa Sun, 02 Aug 2009 05:49:30 +0000 http://technestreport.com/blog/?p=2153#comment-921 It's one thing to decide not to spend your time writing a business plan. It's quite another thing not to do so because you don't know how to write a business plan, or what goes into it. Whether or not you actually write a business plan, any person thinking about investing their own time and dollars would benefit from a disciplined, strategic approach to starting a business. It's one thing to decide not to spend your time writing a business plan. It's quite another thing not to do so because you don't know how to write a business plan, or what goes into it. Whether or not you actually write a business plan, any person thinking about investing their own time and dollars would benefit from a disciplined, strategic approach to starting a business.

]]> By: alexluft http://technestreport.com/blog/2009/07/31/biz-tip-to-business-plan-or-not-to-business-plan/comment-page-1/#comment-915 alexluft Fri, 31 Jul 2009 22:54:33 +0000 http://technestreport.com/blog/?p=2153#comment-915 Exactly! I think what people should be writing are more along the lines of executive summaries rather than spending all that time putting together full-fledged biz plans. Exactly! I think what people should be writing are more along the lines of executive summaries rather than spending all that time putting together full-fledged biz plans.

]]> By: dobesv http://technestreport.com/blog/2009/07/31/biz-tip-to-business-plan-or-not-to-business-plan/comment-page-1/#comment-913 dobesv Fri, 31 Jul 2009 20:47:03 +0000 http://technestreport.com/blog/?p=2153#comment-913 The important thing about the business plan, in the early stages, is to make sure you have answers to important questions, like: - Will it ever be profitable? How? - How will I sell it and to whom? Does anybody want this thing? It's too easy to think "gee, wouldn't it be cool to have a website that does X" and making the site without figuring out if and when anyone would ever spend any time or money there... The important thing about the business plan, in the early stages, is to make sure you have answers to important questions, like:

- Will it ever be profitable? How?
- How will I sell it and to whom? Does anybody want this thing?

It's too easy to think "gee, wouldn't it be cool to have a website that does X" and making the site without figuring out if and when anyone would ever spend any time or money there…

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