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

[tyrim88]

Definitely yes, a business plan is like a blueprint for success so without it the business is heading for crash. Your uncle is only trying to make sure he's money doesn't go down the drain.

This is correct,business plan is the outline and action procedure that a business is proposing to carry out when the neccessary factors is in place and have been provided,there is nothing wrong for someone to ask for one.

 

[Joseph555]

The plan helps you predict and avoid any unnecessary risks that one is likely to encounter. It sharpens your administrative and managerial skills which will influence the business positively.

 

[Shigobad20201]

A good business plan is like building a solid foundation for your house , it makes your business moves with ease and you can also see the future of the business to make correction .

 

[Sincerem]

Business plan give your business 50% chance of succeeding then other factors such as business funds and other things gives the remaining percent. It is very important for us to plan and know how a particular business should be started in a proper way.