Don’t Let Your Business Plan Collect Dust: When to Review & Update This Vital Document
Many companies only create a business plan when seeking outside funding. This is unfortunate as there are many advantages to an internal business plan (LINK: https://www.joorney.com/why-you-should-write-a-business-plan-even-if-you-dont-require-outside-funding/). Utilizing a business plan internally can significantly increase the odds you’ll be successful. However, a business plan that is never updated will quickly become irrelevant.