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What is an ineffectual way of deploying a business plan?

Updated: 8/16/2019
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17y ago

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An ineffectual way of deploying a business plan is writing one and then letting it sit on a bookshelf somewhere collecting dust. This happens everyday. Entrepreneurs and business owners will write a business plan to obtain funding, team up with industry partners and so on, and then simply throw the plan to the wayside. In addition to being a great way to raise capital, a business plan is the ultimate way of setting and measuring goals and milestones. It can help keep a business on track and also explain what to do if the business falls off track. Basically, if you are going to invest a substantial amount of time and money into writing a plan, make sure you use it.

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