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Why write a business plan? In the USA, over , new businesses are started every month. After the first two years, only seven out of 10 are still in business. In five years only half are still running. Having a business plan doubles the chances of your business succeeding. It forces you to think strategically and cover all of your bases.

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Jun 08,  · Review the challenges facing your current business productivity and success. List the items you think need to be addressed and describe the problems. This will help you define the source of the problems within your business. Consider whether something can be completed more efficiently, cheaply or with higher quality.