15 Aug '16, 8am

A #business plan without a goal is just a wish ... or is it?

A #business plan without a goal is just a wish ... or is it?

You might think your idea is fantastic and has never been done before, but you can’t be certain of that unless you’ve done the proper research. It may be that a big firm has already cornered the market you’d be targeting, or perhaps no one’s doing what you want to do because there’s no demand for it. Drawing up a business plan will force you to do proper research and see whether your idea is good as it stand, or if it needs some adjusting. If you don’t do this in the early stages of your business, you may end up wasting a huge amount of time on an idea that won’t work.

Full article: https://www.123-reg.co.uk/blog/business-2/does-your-new-s...

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