Businesses without plans face a 25% chance of collapse within their first two years
… and the outlook doesn’t improve much over time – by the five-year mark, one in ten businesses still operating without a robust strategy face failure.
A well-crafted business plan isn’t just a formality; it’s a roadmap to guide you through the ups and downs of entrepreneurship. It helps you outline your goals, understand your market, and plan for the financial future.
A strategic plan increases the chances of growth and long-term success for businesses. Think of it as your business’s compass, guiding you away from potential pitfalls.
