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Business Planning Blog


The Strategic Imperative: Why a Business Plan is Essential for Success
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
20 hours ago2 min read
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