Is the backup plan just as important as the original business plan?

[Eodine]

Since business requires consistency and productivity, there should be a business plan to direct the affairs of the business to productivity. But when the business plan has not been able to plan for what the business needs that is where a backup plan is needed to provide for any contingency if any arises from ommision or mistake in the original plan.

 

[marky]

It is not as important as the original business plan but it is extremely important, as the original plan might not turned out well as planned earlier, in such a scenario is where the back up plan comes to play to save your business from failing. So it might not be as important as an original plan but it is quite important.

 

[Ridorz]

Yes, back-up plan is very important in a business, a business man that's willing to run a business successfully must be know how to make a back-up plan in any time that negative want to emerge to business, because as we know that some time Business may not go as a original plan wish.

 

[Oloritoks]

The original business is the most important because it is the task at hand that you are committed into making sure that it work, while the back up plan which is also important should be activated when he original plan is beginning to fail.

 

[MarieArie]

Writing a business plan shouldn’t be complicated. In this step-by-step guide, I’ll show you how to quickly and easily write a business plan that will get the results you want. Don’t worry, you don’t have to have a business or accounting degree to put together a great business plan. This guide will show you how to get your plan done step-by-step without any of the complexity or frustration

 

[Erik4150]

If your business plan is very good, you would not have any need for a backup plan. Most business owners start out with one business plan and no backup whatsoever. But if you feel that you need a backup plan, then by all means go ahead and create a backup plan for your business.
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If your business plan is very good, you would not have any need for a backup plan. Most business owners start out with one business plan and no backup whatsoever. But if you feel that you need a backup plan, then by all means go ahead and create a backup plan for your business.

 

[mayreeh38]

A backup plan is something you fall back on when the original plan itself isn't working. Having a backup plan will help a business owner not loose guard or feel discouraged. A backup plan in business helps in time management. Sometimes, backup plans even works better than the initial.

 

[iamgroot]

I think if there is a problem or the business is not going well, it is better to do the backup plan, because that is the alternative way to save or put the business in trouble again. Because if the original business plan is still followed, it will only get worse because that is the reason why the business is no longer in order, so why is that still to be followed? Isn't it?

 

[Samuel77]

According to my own point of view, I believe the backup plan is as important as the business plans, sometimes the backup plan is more important than the business plan. Because the backup plan is the strength of the business

 

[Trexxxy]

I couldn't agree more. I think it is important to have a backup plan should the main plan falter, every smart businessman has a backup plan. I think going forward business owners or entrepreneur needs to learn this technique.

 

[Snazzy001]

Every plan is important, is just that some might be convenient at a particular time as at when the decision was taken.back up plan would work perfectly just in case the original one fails.

 

[Eyiteepraise]

When you have any business idea it is important that you consider and plan for the worst case scenario as well because there's always going to be factors that you cannot account for and therefore you have to be quick I'm thinking on your feet for having a contingency. For many business proposals that is not going to be smooth sailing and you will not get exactly what you have planned for. Sometimes it could be minor changes that need to be made to the business plan and other times it could be drastic changes that could greatly impact the way the business is being run.

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It is for this reason that it is very important that every business plan have a backup plan as well in order to ensure that there is a contingency should things go wrong or should things be unpredictable. In my opinion the back-up plan that you have for your business is almost as important as the original business plan because it is your safety net and therefore it is important to have a good safety net to provide you with peace of mind and ensure that you are able to create a successful business.

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Do you believe that a back-up plan is necessary or do you think that it is important to just stick to one idea and to plan that out there early and hope for the best?

Yes oooo, I believe that a back up plan should be even be seen more important than the initial start up plans. When planning a business, there should be alternative plans in place should any circumstances or problem come up. The back up plan can help

 

[Seun4luv]

Having a backup plan in business is essential, but once you have created a practical plan b, it is best advised to put it out of your mind. Your sole focus should be to execute the original plan without thinking about taking an alternative route as soon as the plan starts blowing up in your face.

 

[joy101]

Of cause yes, the backup plan in a business will give someone the right direction to follow in a business, so to manage your business as well the backup is very necessary in a business to plan your business very well.

 

[KvngMurphy]

Absolutely! The back up plan is as important as the original plan because when an original plan fails and the back up plan isn't activated you tend to loose everything as regards the original plan. Backup plans helps to minimize total looses and helps restrategize for a come back

 

[Janita]

If we made the proper plan for starting business or back up setting so it's not a bad decision some times Beck up plans help us in future and they bring us out from the big problems.
Some times our business plans do not get success so we need to concern the backup setup that we had made for the wrong time.

 

[Folaham]

Back up plan is as important as business plan itself. Back up plan is also known as recovery plan. Inability of a company to recover from a major business interruption will ruin the business completely. Recovery plan will contain mainly problem solving (ps) and decision making (DM). Process will be described for solving problems and decision making and it's applications.
We live in an era where
(1) Technology is our primary tool
(2) knowledge is the strategic asset
(3) problem solving (PS) and Decision making (DM) are the paramount skill

When you have any business idea it is important that you consider and plan for the worst case scenario as well because there's always going to be factors that you cannot account for and therefore you have to be quick I'm thinking on your feet for having a contingency. For many business proposals that is not going to be smooth sailing and you will not get exactly what you have planned for. Sometimes it could be minor changes that need to be made to the business plan and other times it could be drastic changes that could greatly impact the way the business is being run.

It is for this reason that it is very important that every business plan have a backup plan as well in order to ensure that there is a contingency should things go wrong or should things be unpredictable. In my opinion the back-up plan that you have for your business is almost as important as the original business plan because it is your safety net and therefore it is important to have a good safety net to provide you with peace of mind and ensure that you are able to create a successful business.

Do you believe that a back-up plan is necessary or do you think that it is important to just stick to one idea and to plan that out there early and hope for the best?

 

[Adebayonle7]

Very important and crucial! Just as every vehicle has an extra tire and extra tools in preparation for unforeseen circumstances and emergencies, so as the back up plans. Not only in business but with every endeavor, plans, and goals. Anything can be planned well but nothing is perfect, and that includes our business plans. It might have been perfectly thought out and well composed, but what if circumstances and a competitor is steps ahead? That's when a back up saves the day!

 

[Briangsam]

Whatever happened to "not putting all your eggs in one basket". Your backup plan is as important as your original plan. You need that contingency plan in case things don't go as you planned it.

 

[Samzii]

Backup plan is almost as important as the original plan.its just there not to make the the whole plan shattered