There are some objectives or reasons to write a plan for business. _ It's a tool or equipment for obtaining financing _ This helps to unite joint venture partners in a common goal or destination _ It makes the whole business goals feasible to study and analyze _ It will serve as the blueprint for the debut business companies.
Why is that? The intent was there; the energy was present; and ideas were flowing. That's the easy part _ coming up with the ideas. The success of your planning doesn't rest on the ideas, but rather, implementing those ideas. It's true, companies need to foster innovation in their business planning, but more importantly, they need to create a business environment that enables team members to execute these ideas with an "on_time, on_budget" mindset. That is where the work begins.