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Why a business plan fail?

Updated: 9/16/2023
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14y ago

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Very often business plans are not realist and do not reflect real market data. The most important point for a business plan is that you go out there and get as much real data as possible, doing a good market research is a must. Otherwise everything within the business plan it will be just hope, desire and many numbers that add beautifully to suit the requirements of the person who wrote it.

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14y ago
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Why do firms not engage in strategic management?

Firms do engage in strategic management as do all business enterprises.If you fail to plan you plan to fail.


Why is it important for a starter to create a business plan?

So that you don't fail


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Not neccessarily, But your chances of success would be alot better with a business plan. A plan can help you in many different ways. It can have you prepared for the worst and it can also prepare you for the best. If you're focusing on getting a loan to start-up your business a business plan is a must, unless you're getting a loan from a family member or a friend.


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Because it allows a person to be more organised and allow a business to have a higher chance of success. A person doesnt plan to fail, they fail to plan!


Who said failures dont plan to fail they fail to plan?

Harvey Mackay said, "Failures don't plan to fail; they fail to plan."


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Yep.... Just that the phrase doesn't really make sense, you can't not plan (fail to plan) and plan to fail, i mean, what he hell


If you plan to fail then fail to plan?

win then


He who fail to plan plans to fail?

you should have a comma after "plan" and "fail" should have an "s" at the end. Irony FAIL!


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Nobody plan to fail they just fail to plan?

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