Essential Business Plan Writing Guide
Correction Work Skills

Essential Business Plan Writing Guide

Corrected by Emir Baycan · on When Notes Fly · 11 July 2026 · View published page ↗

A practical guide on crafting a business plan covering essential sections, financial projections, and choosing between models.

Factually incorrect

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Computed from the content the publisher accepted, line by line. Neither the contributor nor CitePep writes this diff by hand.

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approximately 20 percent of new businesses fail in the first year and 45 percent fail within five years
+approximately 20 percent of new businesses fail in the first year and 50 percent fail within five years

Why this is better

Verified already correctly fixed in body content (50 percent, matching the BLS Business Employment Dynamics bibliography citation). FAQ does not mention business failure rates at all. Excerpt does not mention this figure. No further action needed.

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