Sign up free Log In

Are Business Plans Really Necessary?

featured image

 

For a new venture, a business plan is an essential part of attracting investment and ensuring success.  Or is it? In this spirited discussion, reminiscent of "Point/Counterpoint," Eapen Chacko of GrowthFire, LLC, and Brent Goldfarb of the University of Maryland argue both sides but part friends.

 


Eapen Chacko
Eapen Chacko
Advisor / Queblo, Inc.
View Profile
Brent Goldfarb
Brent Goldfarb
Professor / Robert H. Smith School of Business / University of Maryland
View Profile

Publication Endorsement Editor


Cite this Article

DOI: 10.17919/X90P4W
Chacko, E., & Goldfarb, B. (2016, October 31). Are business plans really necessary?. Entrepreneur & Innovation Exchange. Retrieved April 1, 2025, from https://eiexchange.com/content/242-are-business-plans-really-necessary
Chacko, Eapen, and Brent Goldfarb. "Are Business Plans Really Necessary?" Entrepreneur & Innovation Exchange. 31 Oct. 2016. Web 1 Apr. 2025 <https://eiexchange.com/content/242-are-business-plans-really-necessary>.

Comments

There are no more comments for this resource.

Editor's Pick

All Picks|

Editors' Picks are resources that our editors think are worthy of sharing. Check out all picks, or use the refresh button in the upper right to see another pick below.

"Built Not Born"

Tom Golisano, Harper Collins Leadership, 2020

Tom Golisano is the founder and CEO of Paychex, which went from a shoestring operation to a $3.8 billion company with more than 15,000 employees. His book's 184 pages are filled with lessons for new entrepreneurs, based on what Golisano learned the hard way, and with rollicking tales of his first entrepreneurial ventures. It's a quick read that sounds more like a conversation with a very wise mentor.

Catherine Buday
Connect with us
on LinkedIn
Connect