A heated argument has ensued between two small business entrepreneurs on the relevance & usefulness of business planning & business plans on small business performance. As an expert in entrepreneurship & small business management, you're required to: 

A. Discuss the pros & cons of business planning & business plan.

B. Account for four of the entrenched values that impede strategic planning & how they could be overcome.

Answer rating: 100% (QA)

A Pros and Cons of Business Planning and Business Plans Pros 1Guidance and Direction A wellthoughtout business plan serves as a roadmap providing guidance and direction for the business It helps entre... View the full answer