Business Plan, Part 1: You Need a Business Plan to Document Your Strategy

When you’re just starting your new business, do you need a business plan?

Yes.

Does your business plan have to be perfect?

No.

This video explains why you need to document your business strategy at the very beginning of your venture and how you can fill in variables and validate – or adjust – your assumptions as you put the first iteration of your plan into action and gain practical experience.

Feras Alhlou

Feras Alhlou

Feras has founded, grown, and sold businesses in Silicon Valley and abroad, scaling them from zero revenue to 7 and 8 figures. In 2019, he sold e-Nor, a digital marketing consulting company, to dentsu (a top-5 global media company). Feras has served as an advisor to 150+ other new startup businesses, and in his current venture, Start Up With Feras, he's on a mission to help entrepreneurs in the consulting and services space start and grow their businesses smarter and stronger.

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