Here’s what they found:īusinesses with a business plan grow 30% faster than those without. ![]() It’s more than the old cliche, “A failure to plan is a plan to fail.” In fact, a wealth of data now exists on the difference a written business plan makes, especially for small or growing companies.īplans worked with the University of Oregon to compile and analyze research around the benefits of business planning. Another 1 in 10 aren’t sure if they need a plan. ![]() And yet, more than 1 in 10 prospective business owners said they do not intend to write a business plan.
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