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VentureBeat had a useful piece a few days ago on common mistakes that get made in the process of writing a business plan.
The top of the list is a mistake people make even before they start writing: they procrastinate.
It's easy to find distractions (such as your busy schedule) to prevent you from creating a plan. Resist them. And realize that without a document detailing plans for the future, your company is likely to become a rudderless ship at some point.
They go on. The piece looks at mistakes about financial focus in a plan, how to cover all your bases, how to be realistics, etc. You can read the article here.
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