What are the biggest challenges you face in creating a business plan? (Select all that apply)

Question

Nola S. · Accepted Answer

Understanding the target audience’s needs is crucial and requires a lot of effort. It’s not always straightforward.

Edward Moore · Answer

Making sure the business plan can adapt to unexpected changes is hard. Plans need to be flexible to accommodate shifts in the market or unforeseen issues. Flexibilty is key.

Jhony Srear · Answer

My  main challenge is usually finding time to plan, due to time constraints.

Jay Peterson · Answer

I  struggle with market research. It's hard for me to find accurate data.

Joseph Parker · Answer

Balancing ambitious goals with reality is tricky.

Gemma Mortlock · Answer

We find it tough to align everyone’s vision and goals within the business plan. Making sure that all team members are on the same page and agree on the strategy can be a real challenge

Andrew Dale · Answer

I often struggle with forecasting financials accurately. Estimating future revenue and expenses can be really challenging, and I always worry about underestimating or overestimating.

Answer

I have difficulty balancing ambitious goals with realistic timelines.

What are the biggest challenges you face in creating a business plan? (Select all that apply)

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