5 Business Plan myths debunked – Forbes.com

A useful piece on Forbes.com covering popular misconceptions regarding the need for , or purpose of, business plans.

Point 3 is especially important to those looking to raise funds:

“… the initial purpose of your plan is to influence investors to meet with you. Or, if they have already met with you, to further convince them to invest in your company. Your plan alone will not get you funding…”