Business Plan - is it necessary?

[Kinglegend01]

Yes I think business plan is really necessary, a business without a business plan is like planning the downfall of your business before the establishment. A business plan is a future projection of yhe growth and development of the business. A business without a business plan is like buying a new car,turning on the ignition and jus lieing back and falling asleep in the car. You get the drift, you go where the car takes you, and not where you want to go and with time you going to crash.

 

[giddy]

It's true that lenders and investors will want to see a business plan — and if you're not looking for money from outside sources, you won'tneed to show a business plan to anyone. ... Here are 5 good reasons why every startupentrepreneur needs a business plan. You'll have to think through all aspects of yourstartup.

 

[Adexgrace]

Yeap! Business plan is very important because that is the only way the activity that will be fun in the business can be analysed and mentioned out. For smooth running in any business organization and very sure business plan is very necessary.

 

[Pirate]

A business plan is quite important as a business cannot be tagged a business without a business plan. The business plan is like a blueprint of what the business in question entails and it's necessary to draw that out before venturing into any business.

 

[btaliat]

Business plan serves as a guide to business owners. Without a good business plan, there may not be good coordination of the business. A good business plan will guide and show how a business will be run to achieve its aim. So, it is essential to have a business plan for a successful business.

 

[Smiles20]

Yes very much necessary. A business without planning will be a complete blunder. You have to plan the way you want you business to be. And effect the plan to achieve a positive outcome!

 

[Amazon2005]

Business plan is absolutely necessary, you must have a business plan to know your target customer, you have to have a business plan to know if you're making profit organization loss, to know if your business is growing and if there will be need for expansion

 

[Monarehman]

In my opinion we have to follow business plan to run a successful business. With business plan we can save our time and money also. If we plan the business before starting we have known about related business which will give us profit.

 

[Dubai]

A lot of people start their business without following the bookish instructions. And some of the time they are successful with it. You can see that people need to make use of the business plan. And some of the time following that approach helps them stay focused. And they can improve their business by finding out what went wrong with it.

Do you think business plan is necessary?

Business plan is not only necessary but compulsory for a business to become successful. It is the guide that helps the business owner in growing and managing his business in accordance to his goal and vision. It helps his business to become financially stable while booming.

 

[Gilead]

Anyone who fails to plan,plans to fail..So therefore, any business that hopes and wants to be successful must have a business plan..Business plan serves as a guide through the period of business activity.

 

[Divulgence]

Business plan is necessary and important before kick starting any business and the following are the importance of business plan

A business plan is a written document describing a company's core business activities, objectives, and how it plans to achieve its goals

 

[Hassan14]

A lot of people start their business without following the bookish instructions. And some of the time they are successful with it. You can see that people need to make use of the business plan. And some of the time following that approach helps them stay focused. And they can improve their business by finding out what went wrong with it.

Do you think business plan is necessary?

There are many people who never take information and start their own business. They should not do this at all. They must plan in business. If there is a plan, then the business will be successful, otherwise it becomes very difficult to do successful business. All the good and successful businessmen I have seen always plan ahead so they go on to become successful businessmen.

 

[Erik4150]

A business plan is very necessary.
There are many factors you must consider before starting a business and that is why a business plan is important..
With a business plan you can map out your business strategy, capital and your objectives with the business.

 

[Seun4luv]

Business plan is very necessary and very important for starting a business of your own. You need to put your business in writing as a feasibility study. It really help us alot to have good insight of how you will run the business.

 

[Kaindio Agnes Wanja]

A lot of people start their business without following the bookish instructions. And some of the time they are successful with it. You can see that people need to make use of the business plan. And some of the time following that approach helps them stay focused. And they can improve their business by finding out what went wrong with it.

Do you think business plan is necessary?

Yes,business plan is very important in any kind of business for it to succeed.
In business plan it contains all the details concerning the business ,the resources needed for it growth and also the cash flow of the business .
We find that for any business to do extremely well there should be a business plan that guides one in carrying it out

 

[Kennysplash]

A lot of people start their business without following the bookish instructions. And some of the time they are successful with it. You can see that people need to make use of the business plan. And some of the time following that approach helps them stay focused. And they can improve their business by finding out what went wrong with it.

Do you think business plan is necessary?

If you want your business to experience steady growth, then you need a business plan. Anything you embark on without a plan is bound to fall short of expectations. If you fail to plan, you are planning to fail.

 

[Snobar Bilal]

Business plan is necessary for the growth of the business because plan is important for the success of the business. If you made a business plan before starting a business then you can never failed in it. And if you failed by chance then you have a plan to recover loss .

 

[Mujahid12]

A lot of people start their business without following the bookish instructions. And some of the time they are successful with it. You can see that people need to make use of the business plan. And some of the time following that approach helps them stay focused. And they can improve their business by finding out what went wrong with it.

Do you think business plan is necessary?

Business plan is very important before you step into any business, because you can achieve success under the business plan itself, in any business and can make that business successful and the base of the business is on the plan

 

[Vladv26]

A plan is necessary in everything. You need a plan for your life, you need a plan if you want to exercise or go to gym, you need a plan if you want to learn a new skill. So a plan is definitely necessary in business also, because it's hard to take care of everything along the way. You need to have a plan and follow the instructions and steps you wrote in there in order to make sure the business will work out as you want

 

[Dorcey]

business plan is very important nd should be the very first step for a business owner to-be should take before starting a business In other to have a standard and well functioning business.