Ten Reasons For Failure of Business Plan

This document outlines 10 reasons why business plans can fail. These include a lack of consolidation into total management, a lack of systematic planning, insufficient upper management support, responsibility resting solely with planning departments, too much reliance on experience, attempting too much at once, failing to implement plans, equating planning with extrapolation and financials alone, inadequate information gathering, and an imbalanced focus on certain aspects of planning over others. Addressing these issues can help businesses avoid planning failures.