Comments on: The Most Common Errors When Writing A Business Plan http://www.youngentrepreneur.com/blog/2009/06/the-most-common-errors-when-writing-a-business-plan/ Fri, 20 Nov 2009 21:18:36 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: The Most Common Errors When Writing A Business Plan | AskNanu - A Blog on Indian Business. http://www.youngentrepreneur.com/blog/2009/06/the-most-common-errors-when-writing-a-business-plan/comment-page-1/#comment-160078 The Most Common Errors When Writing A Business Plan | AskNanu - A Blog on Indian Business. Fri, 31 Jul 2009 08:07:41 +0000 http://www.youngentrepreneur.com/blog/?p=1354#comment-160078 [...] Milestones must be set, tasks established and sound logic applied to your reasoning. Click here to read full article Leave a Reply | Tags: Business Plan No Related [...] [...] Milestones must be set, tasks established and sound logic applied to your reasoning. Click here to read full article Leave a Reply | Tags: Business Plan No Related [...]

]]> By: Clint Costa http://www.youngentrepreneur.com/blog/2009/06/the-most-common-errors-when-writing-a-business-plan/comment-page-1/#comment-157808 Clint Costa Mon, 06 Jul 2009 00:47:25 +0000 http://www.youngentrepreneur.com/blog/?p=1354#comment-157808 Some of the most common mistakes I see: 1. Crazy revenue projections. No angel I know ever puts any stock in the revenue projections. The revenue potential is something the investor will determine for him/herself. Focus on costs, where a lot of accuracy can be derived. 2. Amazingly wonderfully and stupendously amounts of adverbs and adjectives are used. First, this can be a problem in money-gathering stage where the owners are using the business plan to obtain investment. Second, it's just intellectually dishonest. I know you're excited about your idea, you know you're excited, so let's leave it at that and stop being a used-car salesman. Some of the most common mistakes I see:

1. Crazy revenue projections. No angel I know ever puts any stock in the revenue projections. The revenue potential is something the investor will determine for him/herself. Focus on costs, where a lot of accuracy can be derived.

2. Amazingly wonderfully and stupendously amounts of adverbs and adjectives are used. First, this can be a problem in money-gathering stage where the owners are using the business plan to obtain investment. Second, it’s just intellectually dishonest. I know you’re excited about your idea, you know you’re excited, so let’s leave it at that and stop being a used-car salesman.

]]> By: Writing A Business Plan - Business Opportunities Weblog http://www.youngentrepreneur.com/blog/2009/06/the-most-common-errors-when-writing-a-business-plan/comment-page-1/#comment-157596 Writing A Business Plan - Business Opportunities Weblog Thu, 02 Jul 2009 19:33:21 +0000 http://www.youngentrepreneur.com/blog/?p=1354#comment-157596 [...] option in mind, other wise you are “putting all your eggs in one basket” as state on Young Entrepreneur, which could prove to be very doom and gloom for [...] [...] option in mind, other wise you are “putting all your eggs in one basket” as state on Young Entrepreneur, which could prove to be very doom and gloom for [...]

]]> By: Common Business Plan Errors « We’re Open For Business! http://www.youngentrepreneur.com/blog/2009/06/the-most-common-errors-when-writing-a-business-plan/comment-page-1/#comment-157476 Common Business Plan Errors « We’re Open For Business! Wed, 01 Jul 2009 13:10:37 +0000 http://www.youngentrepreneur.com/blog/?p=1354#comment-157476 [...] So for those of you that dread writing your business plan, take heart!  These pointers should help you out.  (For the full post, click here.) [...] [...] So for those of you that dread writing your business plan, take heart!  These pointers should help you out.  (For the full post, click here.) [...]

]]> By: Mitch http://www.youngentrepreneur.com/blog/2009/06/the-most-common-errors-when-writing-a-business-plan/comment-page-1/#comment-157390 Mitch Tue, 30 Jun 2009 15:47:14 +0000 http://www.youngentrepreneur.com/blog/?p=1354#comment-157390 Coming out of college I thought I was ready to start my own business with all my new knowledge and so I delved right into my business plan. That took me virtually no where. It wasn't until I took advice from blogs like this and books like Young Guns, or somehting like that, before I really had the knowledge to create my business plan and my own business. Coming out of college I thought I was ready to start my own business with all my new knowledge and so I delved right into my business plan. That took me virtually no where. It wasn’t until I took advice from blogs like this and books like Young Guns, or somehting like that, before I really had the knowledge to create my business plan and my own business.

]]> By: Suka2Kamu » The Most Common Errors When Writing A Business Plan http://www.youngentrepreneur.com/blog/2009/06/the-most-common-errors-when-writing-a-business-plan/comment-page-1/#comment-157320 Suka2Kamu » The Most Common Errors When Writing A Business Plan Mon, 29 Jun 2009 18:08:51 +0000 http://www.youngentrepreneur.com/blog/?p=1354#comment-157320 [...] More Here: The Most Common Errors When Writing A Business Plan [...] [...] More Here: The Most Common Errors When Writing A Business Plan [...]

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