The FCC could wipe out the ISP industry as a whole, and as an ISP you need to state that in your business plan. The key is to have a solution to any problem you state. For example, if you state that a competitor could copy your unique selling proposition, then you should have some tactic stated against that. Also, especially in the organizational structure, and management analysis, be honest. If you have failed at another business, state that, but say what you learned from that experience.
Nobody is perfect, and problems happen.
The key is how do you react under pressure. This piece is the first of a series of six on developing a business plan that will appear in the upcoming weeks. The plan is based upon a Virutal ISP in Connecticut, but is a model that many ISPs can use as a framework. I wrote the sample business plan to help guide ISPs into developing their own. It is not meant to be a cookie-cutter business plan, although it is a workable plan.