Business Planning Blog

27% of entrepreneurs start their business without any formal business plan. 42% of startups FAIL due to lack of market need, often linked to poor planning. Entrepreneurs with a business plan are 16% more likely to achieve viability than those without a plan. Only 33% of small business owners complete a full business plan before launching. 70% of venture-backed startups have some form of business plan or pitch deck. Businesses with a plan grow 30% faster than those without one