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

[Emma Aneni]

No, a business is not a means to success. What I would consider more important is how experienced you are in handling a business, handing money and dedicated to whatever you do. In anything one is doing commitment is the key then focus.

 

[WhiteHouse]

A business plan also called A strategy is a critical contraption since it empowers business visionaries to spread out their targets and watch their improvement as their business creates. Characterizing an attractive methodology ought to be the chief thing done when starting another business.

 

[Dorcey]

It’s a shame that so many people think business plans are just for startups, or to back up loan applications, or for getting investors. The truth is that business planning offers serious benefits for everybody in business.

And I’d like to point out that none of these benefits require a big formal business plan document. A lean business plan (as in What Business Plan Type is Best for Me) is usually enough. It takes an hour or two to do the first plan, then just an hour or two to review and revise monthly.

 

[Briangsam]

Not necessarily. Business plan is good for starters in a particular business. It would serve as a guide and template on which they can build their business but it won't necessarily make the business successful as there are some realities a business plan won't accommodate; something only experience will teach you.

 

[Diamond07]

Yes. A business plan does have a positive impact on the growth of a business. An entrepreneur seeking to start a new business must write a detailed plan, this helps him or her a headstart and also to keep track of the progress of the business

 

[Anaya Ali]

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

This is normal, as long as we do not plan for any business, we will not achieve significant success. Unless we have complete data on anything, we will not be able to grow the business at all because landing is essential for success.

 

[LaylaG]

Ok I think this actually affect the business growth because it will help you to organise your business properly and it will also help you to know how you can manage goods and services and also it can help you to know how you can manage your business to make proper utilisation in any area of your business to ensure maximum profit.
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Ok I think this actually affect the business growth because it will help you to organise your business properly and it will also help you to know how you can manage goods and services and also it can help you to know how you can manage your business to make proper utilisation in any area of your business to ensure maximum profit.

 

[Eyiteepraise]

Business plan always have positive importance on a business because anything that is planned always have a positive path in a business.

Business plan is like a written plan that has some strategies which the business can use to improve it's sales and profit.

 

[Ibrahim1]

My brother yes your uncle is write because without plan nothing can happen and you can't have successful business and yes business plan makes positive growth to a business no matter what

 

[marky]

Yes, in starting a business, having a business plan written down is really essential. First, it will help you convince the individual who is going to lend you the capital needed to start the company. Secondly, it will guide you on how to do business in terms of how much you need, how much work you need and how your target market is defined.

 

[Caali]

First and foremost, your business plan should convince you that your idea makes sense--because your time, your money, and your effort are on the line.
So a solid business plan has having successful business

 

[Ibrahim1]

My brother yes your uncle is write because without plan nothing can happen and you can't have successful business and yes business plan makes positive growth to a business no matter what

 

[Seyesystem]

Yes business plan always have impact on how successful the business will go if followed properly,In every business, business plan is very important because you have to operate the business in accordance with plan.owner that fail to plan his business very well will surely fail. Before going into any business you must do your through findings which includes feasibility studies about the business whether it's viable or not, also the profit projection for at least 5 years must be done. This will enable the entrepreneur to make his decision whether to start the business or not.

 

[Haiqa umair]

While business plans have many purposes, the primary importance of a business plan is that they help business owners make better decisions.

Entrepreneurship is often an endless exercise in decision making and crisis management.

 

[Milz]

Yes, a good business plan will always have a positive impact on the business itself. 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.

 

[Obasuyi Charles]

The impact of business plan on business can not be over emphasise, it makes the entrepreneur think and remember the initial aim of the business if being derailed. It also tells if there is any improvement within the time limit.

 

[iamgroot]

Sure, without business planning, how can it thrive. That is one of the important moves you can make to grow and expand your business. Strategic and unique plans for your business will make it in success.

 

[Zubair]

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

Obviously we always need a direction towards which we try to move and follow that path. Business plan is the soul of business without which one can not get success any way. You need to set your daily Goals, monthly and yearly based targets and try to achieve them at any cost. This would increase your business and it's quality and will make you Successful one day.

 

[Kennysplash]

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

In everything you do you need a good plan, business is not excluded. If you have a good plan you will be above others that are acting based on speculations and without a plan. You will see major difference in your business.

 

[Azhar119]

You may have heard that every business needs a business plan, and it's a great idea. A business plan can certainly help you think about everything you need and where your business is going. But if you don't need a business loan, you probably don't need to spend the time creating a formal business plan.