Does Business plan always have a positive impact on the growth of business

[Laurentta]

Designing a business plan does not necessary guarantee the success of one's business. It just helps as a stepping stone through the management of your business.

 

[Good-Person]

I do not think that business plans always bring success and money. This is because it all depends on the plan and strategy. I have been trading in cryptocurrencies and made a good plan but in the end I lost money due to market downfall.

 

[YERUS]

I told my uncle to help me with some substantial amount of money to set up a little Business in my area then he asked for the business plan and said without that nothing will come from him. Now I'm wondering if designing a business plan means a lot to the success of a business

Drafting a plan for your intended business means a lot to the success of the business.
Your uncle wants to see how formal and serious you are about your intentions.
Your business plan shows all your business entails and how you intend running it to success.

 

[jay]

I told my uncle to help me with some substantial amount of money to set up a little Business in my area then he asked for the business plan and said without that nothing will come from him. Now I'm wondering if designing a business plan means a lot to the success of a business

Without having a business plan, it is going to be very difficult for you to successfully execute your business which will face many challenges that you will not have the plan to tackle them in the future.

 

[Toyoabasi]

I told my uncle to help me with some substantial amount of money to set up a little Business in my area then he asked for the business plan and said without that nothing will come from him. Now I'm wondering if designing a business plan means a lot to the success of a business

I am certain it has a positive impact on the success of a business.
Designing your business plan shouldn't be a big deal. It shows all nitty gritties of your intended business, your goals and intended milestones.
So, I think it's advisable to have one.

 

[jay]

yes of course,business plan is very important to start and growth of a business.business plan help you run your business.A good business plan guides you through each stage of starting and managing your business.

Business plan can help you to find a way to be able to pilot your business execution will determine the success and failure of that particular business.

 

[AirDima]

Of course.. Any business you're starting must have a good business plan as the foundation to enable you know what your long run in the business will be about.

 

[Lucy ID]

Yes it's always do at all times, it's has a great impact especially positive one on such businesses it's very important because it will help you arrange and organise your business

 

[Alogakho Esson]

To me if some one want to help you he need not to know the look and granic of your business because helping someone to rise is something of mind and is a command by the Lord

 

[eLdavis]

I do not think that business plans always bring success and money. This is because it all depends on the plan and strategy. I have been trading in cryptocurrencies and made a good plan but in the end I lost money due to market downfall.

Hmmm, that's true though, having a business plan does not guarantee success. Can the business plan be amended once discovered there is an error?

 

[Syldan]

Yes of course business plan always have a positive impact 9n the business when it is planned wisely and based on fundamental objectives and ideology. the reasons why business fail today is because of lack of effective and quality planning which has negative manifestations on the business.

 

[Sotherefore]

I do not think that business plans always bring success and money. This is because it all depends on the plan and strategy. I have been trading in cryptocurrencies and made a good plan but in the end I lost money due to market downfall.

It will definitely have impact in the growth of the business, as you said it depends on plans and strategy but Those plans and strategies are still business plan ,without a proper business plan it is impossible for people to achieve success.

 

[Justin]

Even though Business plan is always geared towards growing the business, it will not always result in growing business, sometimes business plan does not work and the business will fail.

 

[Good-Person]

It will definitely have impact in the growth of the business, as you said it depends on plans and strategy but Those plans and strategies are still business plan ,without a proper business plan it is impossible for people to achieve success.

Making a business plan is much better than not making any kind of plans. We usually need to have a "Plan B" in case if "Plan A" does not work in a much effective way or if the plan did not produce the results we expected.

 

[Syldan]

Yes, business plan, always has an impact on the growth of business. either been it negatively or a positive impact. depending on how you make the plan from the initial stage. when you plan positively towards you business, definitely you will have a better impact of the plan towards the business.

 

[kinqzbitz]

Business plan is actually very essential to the growth of any business because it helps put things in place and it also affects the business positively

 

[tyrim88]

Putting business plans ahead of any investment is a key and it's very necessary. This is the reason why I wouldn't venture into any business without planning. Planning is a guide to making business successful. It will not make you derailed from the business objectives and ideas.

The effect of any growth is a function of a proper laid out plan of action.and that is what planning brings to the table.It helps the busines have a good policy direction and makes it easy for progress to be measured.

 

[Lens]

The effect of any growth is a function of a proper laid out plan of action.and that is what planning brings to the table.It helps the busines have a good policy direction and makes it easy for progress to be measured.

The business with no plans have actually planned to fail. Things would be mixed up and the businessowner would definitely lose concentration due to frustration.

 

[Seno inyang]

Of course, any plan that is done before setting up a business is definitely effective for the betterment of that business in the nearest future. A business plan which also involves the monetary aspect of the business which is very essential has a major role to play in the growth of any business.

 

[eLdavis]

Of course, any plan that is done before setting up a business is definitely effective for the betterment of that business in the nearest future. A business plan which also involves the monetary aspect of the business which is very essential has a major role to play in the growth of any business.

From your point of view, do you think. A good business plan is all that is needed for a business to grow successfully or are there other things needed as well?