PlanWare - On-line Survey Number 2
Please only answer questions if you have had direct experience of compiling a business plan.
Your replies are absolutely confidential.
To see results to date, scroll down to the link for
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at very bottom of this page.
Are you or have you ever been directly involved in writing a business plan?
Answers
Votes
Percent
1.
Yes - a comprehensive plan
1305
21%
2.
Yes - a fairly basic plan
2480
40%
3.
No - don't answer further questions. Scroll down to see results
2340
38%
Total Votes: 6125
What was the primary purpose of the plan?
Answers
Votes
Percent
1.
For personal/internal use
1167
26%
2.
Raise bank loans
702
16%
3.
Raise venture capital/equity
702
16%
4.
Assess viability of business
945
21%
5.
Secure approvals from shareholders/directors
349
8%
6.
Other
557
13%
Total Votes: 4422
How many pages long was the main part of your plan? (Ignore appendices, attachment etc.)
Answers
Votes
Percent
1.
Under 10
1905
44%
2.
10-25
1602
37%
3.
26-50
631
15%
4.
Over 50
152
4%
Total Votes: 4290
How much time elapsed between starting to research the plan and its completion?
Answers
Votes
Percent
1.
Less than a month
1813
43%
2.
2-3 months
1443
34%
3.
3-6 months
568
13%
4.
Over 6 months
432
10%
Total Votes: 4256
To what extent were external advisers/consultants used to help prepare the plan?
Answers
Votes
Percent
1.
Major inputs
710
17%
2.
Limited inputs
1784
42%
3.
No involvement
1768
41%
Total Votes: 4262
How many drafts of the plan were prepared?
Answers
Votes
Percent
1.
Just one
1283
30%
2.
2-4
2390
56%
3.
5 or more
578
14%
Total Votes: 4251
Which part of the plan was the most difficult to research/write?
Answers
Votes
Percent
1.
Market analysis
810
19%
2.
Sales plan & forecasts
598
14%
3.
Technology/R&D
120
3%
4.
Operations/management
183
4%
5.
Financial projections
1038
24%
6.
Investment proposals
196
5%
7.
Other
90
2%
8.
All parts equally difficult
1083
25%
9.
No part was particularly difficult
174
4%
Total Votes: 4292
Did you spend more time researching for the plan than writing the plan itself?
Answers
Votes
Percent
1.
Much more time researching
1873
44%
2.
Slightly more time researching
794
19%
3.
Researching and writing about the same
841
20%
4.
Less time researching than writing
534
13%
5.
No research required before writing
202
5%
Total Votes: 4244
Was preparation of the plan more or less difficult/lengthy than you had anticipated?
Answers
Votes
Percent
1.
Much more difficult
1292
30%
2.
Somewhat more difficult
1618
38%
3.
In line with expectations
1158
27%
4.
Somewhat easier
126
3%
5.
Much easier
51
1%
Total Votes: 4245
Overall, how important/useful was the plan in terms of developing the business?
Answers
Votes
Percent
1.
Critically important
2006
47%
2.
Important
1715
40%
3.
Limited importance
441
10%
4.
No importance
105
2%
Total Votes: 4267
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