Do you know that anyone who completes a business plan is over 2 times more likely to succeed launching a business? To be exact, entrepreneurs who completed a business plan in-depth were 260% more likely to launch a business.
According to the latest stats on business plan success, those who had a business plan in place at the time of launch, had a 30% higher likelihood of seeing business growth over the long run. Plus, 70% of businesses that lasted 5 years or more had a well-structured, strategic business plan.