PREPARE YOU TO DEFEND YOUR PLAN
When you meet with a banker or investor they are going to ask you specific questions to see if you have the knowledge and skills needed to manage your business, solve problems, and make money in diverse situations. Templates don't prepare you for that, they just help you create a document.
IT HARD FOR YOUR BUSINESS
TO STAND OUT
Templates guide users toward a standard story about their business, which invites questions about if these are really your thoughts or just the template that bankers have seen over & over. It's hard to tell your story when it sounds & feels like all the others.
YOU UP SO YOUR NUMBERS CONFLICT WITH YOUR WORDS
Every business plan tells two stories. One with words, another with numbers. If they don't match you aren't getting the loan. Templates aren't designed to help you make these stories match,
they just help create documents. Telling your story in numbers is more involved, but it is the key to getting loans and managing your business effectively.
TEMPLATES ARE NOT DESIGNED TO BUILD SKILLS OR PREPARE YOU FOR SUCCESS
People who start a business plan template with doubts about their readiness or gaps in their understanding finish with the same problems because templates just create documents. If you want to be better prepared use a planning resource that teaches skills and is focused on learning.