Why is a business plan important and who should write it?

[Janita]

By the way .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.Entrepreneurs often use business plans to help guide them when starting or revamping a venture

 

[Erik4150]

A business plan is very necessary because it maps out how the business will be structured and managed . Business plans should be written by the business owner before starting the business.

 

[joy101]

Business plan is important because it basically contains your goals, with a business plan it will give you a direction on how you can run your business. So business plan is very important in a business.

 

[Kinglegend01]

A business plan is important because it summarizes both your vision for the company and your blueprint for the company’s operating success. The business plan is a written guide that details the startup and the future direction of your company.Who should write the plan? You, the entrepreneur. No one else knows your business idea and goals better. Yes, there are services that can do the work for you, however, you are the one who must present this business idea to bankers or other investors. Therefore, it is best if you are very familiar and comfortable with the plan.

A business plan is a drafted ou vision of where you project the business will be in the future. A Business proposal and plan is a critical factor in determining whether the success of a business. It should be well written by the owner of the company under the guidance of an expert in the field.

 

[kayode10]

I think a business plan should be written by the entrepreneur by himself. If it can't write by himself, he should enlist the service of a professional who has a vast experience in writing business plan.

A business plan helps to defined to plans and strategies to which a company will dominate the market inside out.

Without business plan, it would be very difficult for a company to experience and exponential growth as time goes on.

 

[Ltherman]

Importance of a business plan cannot be over emphasized, a plan will be the blue print to guide any business to its intended destination. It should outline those things to be done and how it'll be done. Its scope varies from industry to industry.

 

[GIFTMICHAEL]

A business plan helps to know the direction of the business and to know what is actually involve to drive the business. Without a good business plan the business might not move well cos business plan involve every plan on how the business is going to be from the starting to the end. An unsecessful business is determined from the plan of the business.

It is the business owner or professional in the field should be able to write a business plan.

 

[btaliat]

As compass is essential to geographer, business plan is inevitable to business owners. This is to ensure that the business achieve its aims and objectives. The best person to write business plan should be he business owner but if he's not gifted in writing, he can consult consultant.

 

[Divulgence]

There's a saying that says if you fail to plan,you plan to fail..any business that desires success must plan for it,if not there won't be a proper structure to flourish in such a business

 

[Bookwormlux1]

Planning helps a lot in determining how successful any business would be. You need to be the one who would write out the business plan so as to be able to properly map out the things that would help you and also to avoid silly mistakes.

 

[Tunnexisco]

A business plan is important because it summarizes both your vision for the company and your blueprint for the company’s operating success. The business plan is a written guide that details the startup and the future direction of your company.Who should write the plan? You, the entrepreneur. No one else knows your business idea and goals better. Yes, there are services that can do the work for you, however, you are the one who must present this business idea to bankers or other investors. Therefore, it is best if you are very familiar and comfortable with the plan.

Hmmmmm fantastic, so true a successful business plan must feature your vision, likely business prospect and future direction that is to achievable in the future, it could be in a short while or long term plan. But, still all this must never be written by any other person else except the business owner him/herself having in possession a personalised business ideas that would be followed routinely in the operations of the business.

 

[Stardex]

A business plan is important and who writes it depends on the person who has a view on that business. If you think of the business as crap then write crap but if you think of it as a blockbuster then write something blockbuster that you plan and strive to achieve while running the business

 

[Ojonuyo]

Whatever business your hand find to do, do it diligently and effective no matter how small or large your business is. They can not be a future or progress for a business without a business plan to carry out it aims and objective.

Just as a plan is needed to go wherever you desire, without encountering disaster or mistakes on the way . so is a plan needed for a business. A concrete plans with laid out procedures to run the business.

Having a business plan makes decision making for such a product easier and achievable. Hence, never neglect the place of business plan.

 

[Mujahid12]

A business plan is important because it summarizes both your vision for the company and your blueprint for the company’s operating success. The business plan is a written guide that details the startup and the future direction of your company.Who should write the plan? You, the entrepreneur. No one else knows your business idea and goals better. Yes, there are services that can do the work for you, however, you are the one who must present this business idea to bankers or other investors. Therefore, it is best if you are very familiar and comfortable with the plan.

Business plan is necessary to run business successfully without plan business growth will not to up and the whole structure of the business depends on the plan and it guide to you that which direction is beneficial for successfull business.

 

[Mary]

Business plan is like a road map,it's possible to travel without road map, but it will only increase your likelihood of getting lost along the way. Just like the road map, business plan help entrepreneur to guide themselves. It is always written by entrepreneur or owner of the business

 

[Sincerem]

Just as you said, business plan is ones blueprint to succeed as an entrepreneur. A business without a blueprint is like a teacher without drawing board and marker to teach it's students. You must be equipped to succeed in business initiative.

 

[chalcedony8]

a bus iminess plan is totally important in the establishment of any business, it is a detailed plan or like a scheme of work of what one want the business to look like and how it should be run, a good business plan brings about a good and successful business, it should be written by the power of the business or the owner can decide to ask for help from a specialist.
[automerge]1609363440[/automerge]
a bus iminess plan is totally important in the establishment of any business, it is a detailed plan or like a scheme of work of what one want the business to look like and how it should be run, a good business plan brings about a good and successful business, it should be written by the power of the business or the owner can decide to ask for help from a specialist.
[automerge]1609363440[/automerge]
a bus iminess plan is totally important in the establishment of any business, it is a detailed plan or like a scheme of work of what one want the business to look like and how it should be run, a good business plan brings about a good and successful business, it should be written by the power of the business or the owner can decide to ask for help from a specialist.
[automerge]1609363440[/automerge]
a bus iminess plan is totally important in the establishment of any business, it is a detailed plan or like a scheme of work of what one want the business to look like and how it should be run, a good business plan brings about a good and successful business, it should be written by the power of the business or the owner can decide to ask for help from a specialist.
[automerge]1609363440[/automerge]
a bus iminess plan is totally important in the establishment of any business, it is a detailed plan or like a scheme of work of what one want the business to look like and how it should be run, a good business plan brings about a good and successful business, it should be written by the power of the business or the owner can decide to ask for help from a specialist.
[automerge]1609363440[/automerge]
a bus iminess plan is totally important in the establishment of any business, it is a detailed plan or like a scheme of work of what one want the business to look like and how it should be run, a good business plan brings about a good and successful business, it should be written by the power of the business or the owner can decide to ask for help from a specialist.
[automerge]1609363440[/automerge]
a bus iminess plan is totally important in the establishment of any business, it is a detailed plan or like a scheme of work of what one want the business to look like and how it should be run, a good business plan brings about a good and successful business, it should be written by the power of the business or the owner can decide to ask for help from a specialist.
[automerge]1609363440[/automerge]
a bus iminess plan is totally important in the establishment of any business, it is a detailed plan or like a scheme of work of what one want the business to look like and how it should be run, a good business plan brings about a good and successful business, it should be written by the power of the business or the owner can decide to ask for help from a specialist.
[automerge]1609363440[/automerge]
a bus iminess plan is totally important in the establishment of any business, it is a detailed plan or like a scheme of work of what one want the business to look like and how it should be run, a good business plan brings about a good and successful business, it should be written by the power of the business or the owner can decide to ask for help from a specialist.
[automerge]1609363442[/automerge]
a bus iminess plan is totally important in the establishment of any business, it is a detailed plan or like a scheme of work of what one want the business to look like and how it should be run, a good business plan brings about a good and successful business, it should be written by the power of the business or the owner can decide to ask for help from a specialist.
[automerge]1609363447[/automerge]
a bus iminess plan is totally important in the establishment of any business, it is a detailed plan or like a scheme of work of what one want the business to look like and how it should be run, a good business plan brings about a good and successful business, it should be written by the power of the business or the owner can decide to ask for help from a specialist.

 

[Adegbindin Abdullahi]

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

 

[MastetG]

You and you alone should wrIte your business plan
Even excellent business ideas can be totally useless if you cannot formulate, execute and implement a strategic business plan to make your business idea work. If you're looking to raise funds from institutional investors and lenders, keep in mind that having a goodbusiness plan is extremely valuable.

 

[tuna89]

The business plan is very important because it highlights in full all your budget, resources and projected profit for the next few periods, you have to be disciplined when it comes to following the business plan. The link below will help you in writing a perfect and full fledged business plan.

https://www.inc.com/jeff-haden/how-to-write-perfect-business-plan-a-comprehensive-guide.html