Business Plan - is it necessary?

[Kiwi]

Business plan can sometimes go the opposite way expecially if not written down and properly well thought. Business plan is not just necessary but very essential and effective. It helps to direct one on how to achieve success in the business. It guides you on exactly what you want to do, it defines your target market and guides how you use your funds in a way that you will not waste or go bankrupt easily. With a good business plan, your chances of being successful are so high.

 

[Afeefah]

Every business requires a plan on how to manage resources, expenses, finances, the employees, and so much more.
Lack of a business plan is one of the mistakes that make businesses to fail.

Planning in a business shouldn't only be in the beginning or start of a business. Businesses require constant planning to succeed.

 

[Victor-t]

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 and necessary for everyone that is hoping to grow big, business plan is the vision of any business, either personal business or partnership, and it makes people to know that you are serious about the business.

 

[Ziki]

Yes, For me it's very necessary it's the foundation of everything, every business. You should always plan, get a good blueprint so you know how to budget

 

[Noor khan]

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?

Definitely for a good working or business A business plan is essential to help you focus and not deviate too far from the plan. This way, it helps you achieve your short and long-term objectives. Some people are lucky to succeed without one but I'm the methodical type, so, I much prefer to have a business plan. If you have strong business plan than you will be successful

 

[marky]

We were shown the significance of in school Legitimate Arranging Forestalls Horrible showing. This standard applies to each part of life particularly in business. A decent and legitimate strategy forestalls horrible showing in the business. Most organizations disintegrate inside the first or second year of foundation on the grounds that the proprietors didn't prepare.

 

[Sotherefore]

business plan is absolutely necessary in any business you are going to because it is a business plan that will help you to determine your goal and how you can achieve them so I think the best thing for any person who is going to any business is to map out the business plan first.

 

[Eyiteepraise]

Having a business plan is very necessary. Having a business set aside from our main occupation helps to increase the cash flow of any individual reason being that we engage in that business so as to top up our current earnings.

 

[Abelcairo43]

Absolutely necessary to prove that you’re serious about your business. A formal business plan is necessary to show all interested parties -- employees, investors, partners and yourself -- that you are committed to building the business.

 

[Draysongz]

Business plan is very essential when creating/owning a busines Enterprise. It's often said that "he who fails to plan, plans to fail". It is in creating a business plan, that you know the strategy to use

 

[Zamaney]

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.

 

[lelakil3]

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 necessary and rewarding in terms if business is actually going to plan, but if the business seems to fail there must be a change in plan or revert to other plan that will make to plan b in terms plan A seems to fail.

 

[Felixko]

Business plan is very important not just necessary if one for not have a plan in because is either the person run in to lost or even to the collapse .

 

[Damscooguns73]

Concerning if business plan is necessary. Well, business plan is very important to any business that wants to grow and be bigger in resources and customers, like a popular saying, "if you fail to plan, you plan to fail". Your plans create an awareness for you at every stage your business develop.

 

[Diamond07]

Business plan is important albeit not compulsory. Formulating a business plan is the first step an entrepreneur must take when starting a new business. It gives a sense of direction and helps keep track of progress

 

[Planet408]

A good business plan is something I see very necessary. If you have a good business plan, you'll be able to plan when and when you plan well, you'll be fully aware of what you are about to go into. He who fails to plan has automatically planned to fail.

 

[Maheen]

You have a plan for looking for ward ,for a goal to achieve but you can't do business as written in books ,there are a lot of difference in practical life and in books

 

[Abbas ali]

A business plan is a very important and strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed, but it also helps them to achieve short-term and long-term objectives.

 

[Emma Aneni]

To prove that you’re serious about your business. A formal business plan is necessary to show all interested parties employees, investors, partners and yourself that you are committed to building the business.

 

[Felixko]

Business plan is very important not just necessary if one for not have a plan in because is either the person run in to lost or even to the collapse .