How Strictly Should You Follow a Business Plan?

For an aspiring plumbing entrepreneur, one of the first tasks is developing a long-term business plan. But be prepared for it to be a guiding light rather than a rigid instruction manual.

How Strictly Should You Follow a Business Plan?

You’re a good plumber, so you decide to take a shot at opening your own shop. You create a business plan to forecast what will happen in the next five to 10 years, and you’re off and running. How closely can you expect to follow your business plan? The answer may surprise...

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