I’ve been reading and hearing that writing a business plan is not very important when it comes down to actually starting a business. That you are supposed to start your business and then write business plans once you see what it’s like to start and run a business all of your own. A lot of people get all psyched up because they write a fancy shmancy business plan, but then get psyched out that running a business is nothing like the dreams promised in a business plan. Take for example, how many business plans say, in the first 5 years we plan to close up shop and end the business. Well, statistics show that 80 percent of businesses don’t make it to the end of their first 5 years without closing their doors.

I can picture it because I started a landscaping business a little more than a year ago and I could’ve written a plan, but it wouldn’t have helped me a bit. Now I am getting close to starting my second business which is a little more serious than landscaping is for me, and I am mulling over whether to write a plan or not. I think I will listen to my books and the entrepreneurs I listen to when they say, business plans are just necessary if you are getting loans or trying to pass business classes in college.