It’s amazing how many startups falter because they “forgot” to plan. Or maybe they really did plan, but they just didn’t cover all the bases.
Key areas like sales, development, staffing, skills shortage, and funding aren’t afterthoughts. They should all be a part of your business plan right from the beginning.
Not only that, but you need to plan for the things you can’t plan for, too. That is, even if you can’t prepare for every eventuality, you need to know what you’re going to do when (not if) events take an unexpected turn. If your business plan is all optimism and fails to allow for surprises, then you’re heading for big trouble. As the saying goes, “if you fail to prepare, prepare to fail.” So don’t leave the details to later.