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Are Business Plans Really Necessary?

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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.
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Brent Goldfarb
Brent Goldfarb
Professor / Robert H. Smith School of Business / University of Maryland
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Cite this Article

DOI: 10.17919/X90P4W
Chacko, E., & Goldfarb, B. (2016, October 31). Are business plans really necessary?. Entrepreneur & Innovation Exchange. Retrieved December 12, 2024, 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 12 Dec. 2024 <https://eiexchange.com/content/242-are-business-plans-really-necessary>.