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BUSINESS PLAN BLUNDERS 7 Ways to Avoid Shooting Yourself in the Foot
Okay, you’re finally writing your business plan. But will it help you secure the funding you need? Will it be your road map to success—helping you to build a successful business? Most entrepreneurs write their business plans with one goal in mind: to raise money. Even so, a business plan is a double-edged sword. While it allows you to introduce and sell your business to the reader, it also gives the reader the opportunity to say “No, thanks.” Don’t blow your big chance. Now more than ever, you only get one chance to make a good first impression. Below are 7 mistakes to avoid—7 sure-fire ways to shoot yourself in the foot.

Other realistic assumptions Related Articles

One Key to Strategic Planning is to Confront Your Assumptions
Strategic planning is designed to help companies go beyond surviving to thriving. However, there are certain dangerous assumptions that can take any company down the wrong path. Read a story that may help you explain how those assumptions actually work.

What Did You Just Say
We all know the classic amusing explanation of why you should not assume, because it makes an "A* * of U and Me", but assumptions can be much more serious. An assumption can make way for hurt feelings, misconceptions, and resentments. When we make assumptions we completely de-emphasize another person's feelings for the sake of filling in the blanks that exist in our own minds.

Death by Assumption: Why Great Planning Strategies Fail
To often, assumptions are not clearly identified or managed so that when a plan goes south, there is no way to go back and reevaluate or manage the original assumptions. The absence of "assumption management" is a common cause of the death of many strategic plans. Assumptions must be stated, debated, and continually reevaluated as the plan goes forward. We've provided three practical steps you can take to manage your planning assumption.

Controlling the Assumptions in Your Sales and Marketing Strategy
When you incorporate a new strategy into your service business there are certain assumptions that are made upon which the success of your strategy relies. These assumptions need to be monitored and controlled to give your company the greatest chance of accomplishing your stated objectives. The assumptions we make as business leaders are limited to two primary areas: 1) the external environment and how it will change, and 2) the industry in which we operate.

Distressed Real Estate Continues to Grow
In preparing the federal budget proposal for the upcoming fiscal year, the White House and the Office of Management and Budget (OMB) made a number of assumptions regarding the economy's direction. In almost every respect, those assumptions have been proven to be overly optimistic.
Assumptions Are Conversation Killers
Assumptions can really derail a conversation. Don't make assumptions about the other person when you are in conversation. If you find you are making assumptions, test them out. Ask, "Why do you thing that is so?" Remember, in many cases you really don't know what the other person is thinking or feeling. To quote Bernard Shaw, "You think you do; but you don't."
Assumptions Anyone?
Social media gives power to our assumptions. If we're viewed as leaders in our fields - our assumptions are often taken as facts by our audiences.
Assumptions
How often do assumptions step in to define our beliefs, our actions and our very lives? We all know the old rule about what happens when we assume. Yet, I find in my own life that no matter how much I say I won't make assumptions - I still do.
MIND TRAP: When we don’t question assumptions
Steve Major discusses the second of five mind traps that can kill smart decisions - when we don't question assumptions. All of us have various beliefs as to what works in a business. We have various ideologies. You could say that we have entrenched thinking. But to make a smart decision we need to be aware of the fundamental assumptions that are in play in the alternatives we are looking at.
Are Your Assumptions Limiting Your Possibilities?
You (and I) make assumptions many times each day. Even though some of them may be backed by factual science, most of the time, those assumptions are just plain wrong. Don\'t let your assumptions limit your possibilities.
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