What must an entrepreneur do after creating a business plan?

As an Entrepreneur creating a business plan feels like a monumental achievement—and it definitely is. But what must an entrepreneur do after creating a business plan? A business plan is the first step in transforming your vision into a tangible strategy. But as any seasoned entrepreneur will tell you, a business plan is just the beginning of the journey. The real work starts once the plan is put into action. The hoops that you’ll jump through after this level define whether your business thrives or fizzles out.

Having worked with hundreds of startups in the last 15 years, I’ve seen firsthand that too many entrepreneurs get stuck in “planning mode” and keep refining and tweaking their plans instead of taking the next big leap of actions – implementing what you’ve decided and see the magic in happening.

In this blog, I’ll share actionable steps that every entrepreneur should take after their business plan is complete. From setting up the revenue systems, to building the right team and deciding between Make Vs Buy Vs outsource decisions, we’ll explore the essential moves that can turn your carefully crafted strategy into a thriving enterprise. Whether you’re a first-time founder or a seasoned pro, these insights will help you hit the ground running and stay ahead of the curve.

1. Reality Check: Testing assumptions before taking the leap

Creating a business plan is like mapping out a road trip—it’s exciting and full of promise. But even the best maps don’t predict every detour, roadblock, or flat tire. That’s where the reality check comes in. 

According to the latest reports, 90% of new startups fail. Additionally, many entrepreneurs become overly attached to their business plans without critically evaluating the underlying assumptions, leading to potential pitfalls.

That’s why, launching without validating your assumptions can lead to wasted resources or even business failure. So, first, run a reality check.

2. Define your sales system, selected marketing channels, and possible funds

A great business plan is incomplete without a well-defined sales system and marketing strategy. So, now let’s see how you can build a roadmap to secure your first sales and manage your finances effectively.

3. Design and set up After-sales Service

According to a Bain & Company study, a 5% increase in customer retention can boost profits by 25% to 95%. Offering excellent after-sales service demonstrates your commitment beyond the transaction, ensuring customer satisfaction and long-term business success.

By designing a robust after-sales service strategy, you’re not just closing sales—you’re opening doors to lasting relationships.

4. Secure the right legal structures

20% of small businesses fail within the first year, 50% within five years, and approximately 65% within ten years (U.S. Small Business Administration), often due to inadequate legal structures and poor risk management. That’s why after designing an after-sales service, the next crucial step is to secure the legal structure of your business.

5. Set up systems to scale from day one

70% of businesses fail because they scale too quickly without systems in place (Startup Genome). This doesn’t mean building complex infrastructure right away—it means planning for growth with intention.

So, think beyond the present. While it’s tempting to focus only on immediate needs, systems designed for scalability can save time, money, and headaches down the road.

6. Measure What Matters: Data-driven decision-making

A survey found that 91% believe democratizing data and analytics is vital for organizational success, and 76% say the same about AI capabilities(Source).

So, in today’s data-driven world, understanding which metrics matter to your business can make or break your strategy.

7. Fundraising: Beyond dollars, build partnerships

In this stage, your goal isn’t just to secure capital—it’s to align with partners who believe in your vision and can contribute beyond the check.

8. Build a Culture, not just a team

Now that you have funds, it’s time to build a team and establish a strong culture. A successful business isn’t just a collection of people working together—it’s a shared culture that unites, motivates, and inspires. 

As you’re reading this, it proves one thing: at Agicent, we’ve cultivated a culture that fosters creativity and empowers us to produce quality content that ranks well. Combined with our strong technical SEO services, the result is a profitable agency that stands out as one of the best app development companies.

A Gallup study shows that businesses with highly engaged teams are 18% more productive than those with disengaged teams—a testament to the value of a supportive work environment.

9. Stay Resilient through setbacks (Because they’re inevitable)

Setbacks are a given in entrepreneurship. If you’re not facing challenges, you’re probably not pushing your limits. Every successful entrepreneur has faced adversity, yet it’s how you bounce back that defines your long-term success. Resilience isn’t just about enduring; it’s about learning, adapting, and continuing with renewed vigor.

Conclusion: From planning to action, One step at a time

In summary, entrepreneurship isn’t just about reaching the destination—it’s about the growth and transformation that happens along the way. From aligning your purpose with execution to learning from setbacks, these steps are your foundation for long-term success. It’s a process of continuous refinement, learning, and building momentum.

Source:-https://www.agicent.com/blog/steps-after-business-plan/