The Entrepreneurs' Podcast

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#80 Mind Your Own Business 2008-05-05

#80 Mind Your Own Business 2008-05-05

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DATE : Mon, 05 May 2008 00:00:00 +0000
Entered in Database : 2008-05-05 00:00:00
length : 22253380
Link to the Show / Show Notes

“You really need a business plan” – so says the consultant who makes money out of planning. Entrepreneur podcasters Guy Kingston and John Richards lock horns over the pros and cons of business plans. Do they provide essential preparation and guidance or do they stifle motivation and initiative? Business plans may indeed focus the mind and focus thinking. They are almost certainly essential tin order to impress investors. But does the process of preparing market research and drafting weighty documents that may never be looked at again use up vital time and resource that could be better spent elsewhere?

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