Business Plan - is it necessary?

[Azam786]

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?

Of course you are right but it is very important to have a plan before starting any business.It's like a human being has a red bone in his body and a human being can't do anything.And it depends on your business What kind of business

 

[Kehinde]

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.

 

[jay]

Yes, it's very necessary. You can't go and build house without outlaying the pattern of the house and so you can't just wake up one morning startup a business. Business plan is like a pattern of the house you are building.

 

[Lekan]

Starting a business without a business plan is like a farmer going to farm without a cultlass and hoe .the business plan is important to the business man because if you faile to to business plan your business may round off .
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Starting a business without a business plan is like a farmer going to farm without a cultlass and hoe .the business plan is important to the business man because if you faile to to business plan your business may round off .

 

[Godleads1]

A business plan is very essential because it plays a key role in the success of the business. This would be the track in which you run and guide your business as an owner.

 

[Cybersec]

Yes, a business plan is very essential. 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

 

[Kehinde]

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. ... It also provides insight on steps to be taken, resources required for achieving your business goals and a timeline of anticipated results.

 

[Tariq Shehzad]

Indeed Marketable strategy is fundamental for the development of your business. With Field-tested strategy, you will have the option to realize how to structure your business and what your business needs at whatever point it gets to a specific stage.

 

[Quert]

A business plan's aim is to help formulate a strategy for starting your business. ... Clear targets for recruiting new staff, business research, financial forecasts, and potential investors should be included in the strategy. The goals should demonstrate how they're going to help your company succeed and expand.

 

[Frank]

You can still decide to start a business without having a business plan. I see the need for business plan as a way that you can have access to loans and grants. There is no need for the business plan especially when you have the experience to run a business.

Yes it is, business plan is very important and necessary in business, if you want the business to growth to the peak, lack of plan result in failure

 

[iori23]

yes all businesses have a plan to make the business successful .. you need to think about what business click and how much investment., you also need to be ready to work all the business starts low and thinks well.

 

[Bookwormlux1]

A business plan could be regarded as the light that would enable you to see through the dark phases of your business. You need it very much because it helps you to stay on tract, focused till you meet those goals

 

[marky]

Regardless of whether you're beginning a private venture or investigating approaches to grow a current one, a marketable strategy is a significant apparatus to help direct your choices. Consider it a guide to progress, giving more prominent lucidity on all parts of your business, from promoting and account to tasks and item/administration subtleties.

 

[Tinaconcept]

Yes definitely necessary its good to have your business plan even before establishing the business because when one fail to plan he or she plans to fail. When you plan you will follow what you planned step by step until result is achieved or set goals realised.

 

[Psalmsavatar]

The purpose of a business plan is to help articulate a strategy for starting your business. It also provides insight on steps to be taken, resources required for achieving your business goals and a timeline of anticipated results.

 

[Chizfab]

Yes, it's proper that a business owner should have a business plan, in order to keep track of the fire purpose of opening the business. Also, it's a legal document that may be required one day and it also represents the business goals and objectives of your business and you can always refer back to it to keep the business from deviating.
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Yes, it's proper that a business owner should have a business plan, in order to keep track of the fire purpose of opening the business. Also, it's a legal document that may be required one day and it also represents the business goals and objectives of your business and you can always refer back to it to keep the business from deviating.

 

[GIFTMICHAEL]

Of course business plan is very necessary when it comes to creating business. Without the proper business plan, your business would actually be good and you can follow your plans to achieve growth

Business without plan is like who fail to plan already plan to fail.
Your business plan is the idea behind your business it also shows or it is the blue print of how your business is going to run .
Any business owner without plan has not started yet.

 

[Janita]

Business plans are important because with proper planning we have the idea that what we will do more and how much is enough for this year.
Many of them has started the business without business planing so at the middle they stuck.than engaging ways seems hard to control.

 

[zenith]

Some people are naturally gifted so they did not use business plan to lunch their business and they became successful.so I think it depends on how you want to start it maybe you want to use it to secure a loan in the bank or you want to use it as your guide.

 

[ranaabubakar263]

Business plans are very necessary to get good benefits in business.Good plans are usually highly detailed and include information on all aspects of the business,including the industry, marketing, finance, personnel and various operating procedures. They are specific, communicate to all company employees and require commitment from everyone.