Business Plan - is it necessary?

[Hasan Raza]

Plan is the most important tool for any business or any activity. Plan mean a proper layout or proforma of every step. Business plans are like road maps it gives you the ability to reach your goal and track progress too. it helps you from the unwanted mistake and great losses.

 

[Ojonuyo]

The role of a business plan in a business cannot be over emphasised. In fact, I see business plan as the back born of every successful business. Likewise if you want your business to become successful just as the ones you look up to and want to be like on day then you must not neglect the place of a business plan. And by so doing great one for your business.

 

[kayode10]

It is very vital to get yourself a business plan for your business. Those viable business that stand the test of time do have business plan. Business plan gives a clear cut road map on which your business grows. With the help of business plan, your business can grow while the owner is not in the business.

 

[Mary]

Business plan is very necessary because it helps to articulate a strategy for starting a business. It also provides insights on steps to be taken, resources required for achieving your business goals and a timeline of anticipated results

 

[Lekside127]

Business plan is very important and necessary because it is a template for a successful business. It is where you estimate cost, human resources, know of location of the business and so on. Business plan is very essential

 

[Sammyesx]

Writing a business plan is very important, some time your business may suffer set back, which might cause panic and push you off track, but because you have a plan already, you will just have to restrategise and know the next line of action to take.

 

[Richard92]

Business plan is very important for every business it doesn't matter the kind of business. There is a say that if you do not plan to succeed you plan to fail. There is always a plan. Business plan consist of the the ideas, vision statement, starting capital, name of business, kind of business, location, numbers of employees to start with, just to mention a few.

 

[Alogakho Esson]

Every business need plans and strategy to grow per capital income and expenses to spend what goes in what is being recover all needed plans and reasoning

 

[Tayyabah]

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 really very necessary for to success because if we know what we have to do and how we have to do...the product,planning,environmental impact,marketing,we need to make strategic planning then by knowing complete knowledge with hardworking.we can definitely success in our mission.

 

[Ehtisham memon]

Yes Bussiness plan is necessary to future development your future decided to financial management Bussiness plan is also need to grow the business and groom it job are temporary but Bussiness is life time Bussiness is yours how invest it how do it to grow up planning is need for the groom our Bussiness

 

[Nicklas22]

A Business Plan Is Simply a Must-Have for Some Businesses. If you plan to approach a financial institution for a loan, apply for a small business grant, pitch your business idea to investors, or enlist the support of a business partner, a business plan is required.

 

[Chumzy]

If I could pick a yes or no, then I would say Yes. Now it is not mandatory that a business prepares a plan, but if it hopes to source fund, then it becomes important. Even after it receives fun, the investors might always want to compare the plan with what they are seeing. It sometimes help a business discover itself, with or without need for funding.

 

[MarieArie]

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 extremely necessary. It's bedrock or foundation of any business. Imagine your foundation is not so solid, how can you stand the test of time when storm comes. Business plan is essential. You need to to capture when, if and if and only if you get this or that experience.

 

[BrolySSJ]

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?

A business plan is a must especially if you are considering expanding the business at a later point or if you are looking for a loan or an investor into the business as well as they are going to want to see the pans for the business and from that they can see if they are interested. Also, it is a good way to do research to see if your business with succeed. I think it is the main part of any business.

 

[Naina]

Yes the busniss plan is very important to growth our busniss.when we start our work we will plan if we do nat plan then we fail our busniss. When we fail our busniss its a biggest loss our money and mind.

 

[Goodday]

Business plan is everything to the business you might have in mind to start or started. That means if your business plan is faulty in anyway, it will definitely affect the business operation. So when drawing up any business plan, you need to do a lot of research about the business in particular and all other factors that might be affecting the business would also have to be taken into consideration.

 

[Sammyesx]

A business plan is very necessary, it is an outline that 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?

A business plan is very necessary, it is an outline that contains the aim and objectives of a business, it help the business owner have important details about their business, like the operating budget of the business, its target customers, how to meet them etc

 

[Rainlover207]

Yeah its really necessary most especially for people who are in need of how to manage their business properly then they could go for business plans.

 

[Richmond funke abosede]

Whether you're starting a small business or exploring ways to expand an existing one, a business plan is an important tool to help guide your decisions. Think of it as a roadmap to success, providing greater clarity on all aspects of your business, from marketing and finance to operations and product/service details.

 

[Ifective]

It is actually necessary than it is being taken. A business plan allows you to state the goals and objectives of the business, the vision and mission, the necessary funds and resources needed to start up the business. Also, your business plan should entail the products to sell that will satisfy customers needs and how much to sell them in order to make profit