Yet, some may also think that pitch decks and clever presentations may he displaced them.Every entrepreneur and startup company needs a plan.
There are even templates you can plug in and print so you don’t waste time figuring out what to include.
Traditional business plans can be big beasts of a project that suck time, money and mojo at a vital moment.
Don’t do it unless you know why and what you are trying to achieve with it.
This is especially true for those considering funding that involves commercial real estate or a SBA loan.
This is a brief 1-3 page document that sums up your business and plan, and gives viewers enough info to decide whether they want to see any more data or not.