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1. Developing and Writing an Effective Business Plan Can Be Very Difficult
Business Planning
Developing and Writing
an Effective Business
Plan Can Be Very
Difficult

2. Developing and Writing an Effective Business Plan Can Be Very Difficult
Business Planning
For strategic insights on how you can develop a business plan that will get you the
funding and business support you deserve, Click here.
While Business Planning may be a difficult task, especially
to do it well, it doesn't mean that you shouldn't do it. Its
benefits far outweigh its challenges. However, if you have
a good Planning Process, then the difficulty of the
planning task is mitigated and often minimized.
Business Planning is the Hard Part...
If the Biz Planning Process is Comprehensive and well
executed, then the Planning Process itself will often be
much harder than the actual running of the company.
Wouldn't you like to get the hard part of running the
company out of the way upfront? Wouldn't you want to
ensure the absolute best chance to succeed with your
company? Wouldn't you want to be highly profitable
verses marginally profitable? Of course you would. But to
do so takes a lot of hard work, making the intangible (i.e.
an idea, a new project, a new business venture), tangible.

3. Developing and Writing an Effective Business Plan Can Be Very Difficult
Business Planning
Borrowing from the success of others in creating and
expanding successful companies, can really give you a leg
up in the difficult Process of converting the unknown into
an executable, successful venture. This is why I wrote a
Business Plan Workbook as it takes a lot of that
guesswork out of the Biz Planning Process, giving you
years of experience in not just building successful plans
but actually implementing those plans into successful
companies. A good business plan workbook simplifies the
complicated Biz Planning and Building Process into simple,
doable steps which build on one another into the building
blocks of a successful company.
Knowledge and Know-How...
Good Biz Planning comes from lots of hands on
experience. Overcome that experience factor by utilizing a
proven Planning Process.

4. Developing and Writing an Effective Business Plan Can Be Very Difficult
Business Planning
Define the Unknown...
Without an effective business plan in place, you are just
throwing darts at a board with your eyes closed. A good
Planning Process defines the unknown into an executable
plan. Otherwise, you are simply guessing. Business is hard
enough- take the mystery out of it. It is exceedingly hard
to define the unknown without a system in place to work
toward known opportunities, threats, competitors, market
changes, market variables, business models and so on. An
effective Planning Process embraces the unknown and
creates the future- a future of probable success.
Inexactitude is a guarantee in Business...
Not everything can be predicted. However, by having a
system in place to deal with this inexactness allows you to
more effectively address challenges that come up.
Inexactitude costs your company money. An effective
Business Plan puts systems in place within your Company
to quickly deal with the unexpected occurrences,
minimizing your "learning curve" expenditures.
Additionally, a Plan can test the merit of a Strategic Tactic
or Program to deal with a potential problem before

5. Developing and Writing an Effective Business Plan Can Be Very Difficult
Business Planning
implementation, again, minimizing your learning curve
resource allocation. A good business plan process or
workbook will help you effectively deal with the
unpredictability of a company and the inexactness
inherent in business development.
Frank Goley is a business consultant and works for ABC Business Consulting. He is an expert in
developing, writing and implementing business plans, funding plans, marketing plans, strategic
plans and business turnaround plans. He is author of the Comprehensive Business Plan
Workbook and the Business Success Strategies Blog.
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