Most people have a love-hate relationship with business plans. It’s a grey area that has generated heated debate among entrepreneurs. Those in favour of a business plan will insist on how it brings clarity to your thought process, blah blah blah, while those on the other side of the table will sagely inform you that 60% of Fortune 500 founders did not have a business plan when they started their businesses, etc. etc. It’s never-ending, this debate.

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