BizSugar.com › Startups › Startup Professionals Musings: 7 Scenarios Where A Business Plan Is Still An Asset

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans take too much time, are inaccurate, and rarely add value. They cite sources like Profitable Venture Magazine, “Why Business Plans are a Waste of Time” and this Forbes article. From my perspective, much of this advice is urban legend and just plain wrong.