But, I should have. And, you should too. Maybe they should. I believe it is. The experts recommend developing a business plan.
Lenders require it.
And, most people starting a business still don't do it or do a poor job writing their business plans. Why should you invest all the time and effort it takes to write a business plan. There are several compelling reasons to write a business plan. The completed plan does provide a very effective vehicle for attracting potential lenders and investors. It's easy to forget important information when you're sitting across the desk from a potential lender.