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Grand Canyon University Business Plan Discussion Post and Response

What are the reasons for writing a business plan?

What two parts of a business plan do you think you would have the most challenges in creating and how would you overcome those challenges?

Be sure to respond to at least one of your classmates’ posts

  • Response Post:
  • RE: Week 4 Discussion
  • Hello Professor and Peers,

What are the reasons for writing a business plan?

“A good business plan guides you through each stage of starting and managing your business”. (SBA)

What two parts of a business plan do you think you would have the most challenges in creating and how would you overcome those challenges?

The most challenges in creating the business plan is to get started.  You will have to be focus with no distractions.  Another challenge would be having money to do the business.  To overcome these challenges would be shut off everything, close the door, and start working on the plan.  With the money situation have a fundraiser or even take donations from people, try to get a loan from the bank.  There are ways to get money to start your business up. 

Grand Canyon University Business Plan Discussion Post and Response
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