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

[Shahid Abbas]

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.

Buisness plan is veey important because it can only make the business successful and without plan to get success will be difficuly plan is so important business to grow it and make it successful and also helpful to take buisness high on the moon.

 

[Abibatabosede]

If you are ready for any business, you should be ready to prepare the plan for that business because it is very important for you to have a set goal and have your plan as your mapto getting to your destination without any hitch.

 

[Richard92]

A business plan is very important because it is the bed rock and the guide for every business to be a success. Business plans are always writing by a business owner that is where he express his idea and vision on how he wants the business to look like. A business plan comprises of the business structure, location, type of business, starting capital, numbers of workers, budget and every other thing that will lead to the success of the business.

 

[GIFTMICHAEL]

Imagine a business without a plan is just like a car running without a destination. Every business has an objective, target as well as idea all of these is embedded in the business plan.
Nobody can succeed a business without having a business plan.
The business owner should be the one to come up with a business plan.

 

[Hassan14]

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.

It is very important to have a plan before starting any business because it can make the business good and it will make the business good and there will be more groups. If the plan is good then the business will be better and there will be more growth. in this. That's why it's important to have a good plan in a good business.

 

[Tariq Shehzad]

Business planning is key to success to a business. Nothing can't be possible without planning and management.
Planning is just like a guidance start, that tells you how to meets your requirements.

 

[Adexgrace]

Business plan is very important because it guide the activity and running of the business. I can't imagine myself operating a business without business plan this is just to explain how important a business plan is. And the owner of the business should be the one to write out a business plan.

 

[Lekside127]

I believe the project Manager and business owner should make the business plan because he or she is always ground for each project undertaken. Business plan is very important for both new venture and old ones because it gives direction.

 

[Sariana23]

Of course, the business plan must come from one as an entrepreneur, all the ideas of how, when and how, must be raised and answered by us, which ensures our business success. Now, if you do not have the knowledge to transcribe them, it is good to have a specialized person.

 

[Sammyesx]

Writing a business plan is very important, you might have your plans in your head but writing it down keeps you on track you follow diligently, you known the next action to take an so on. The best person to write your business plan is yourself, you can only ask for advice from an expert.
[automerge]1611786427[/automerge]
A business plan is very important in a business, it helps the business owner to be able to answer some crucial questions about the business, I believe the best person to write a business plan is the business owner because he is the one that known how is business will be run.

 

[Godleads1]

A business plan is quite important if the business is to continue. This is the driving force behind the business owner. It includes plans, focuses and the width of the business as designed by the entrepreneur himself. The business owner should do the writing of this business plan himself. That will help him recall at all times the target of the business.

 

[Shigobad20201]

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.

Before starting a business, you must first know what the business entails, you need all the informations about the business so that you won't have problem in future, and to answer your question, yes you need a business plan to start a business cos if there's no plan , the business will flop

 

[Obasuyi Charles]

If I am ask why is business plan important and who should write it?
Business plan is of great use if embarking on professional business. It show the beginning and the future plan of the business, this set the business owner on track.

 

[Seyesystem]

When starting new 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 3 years must be done. This will enable the entrepreneur to make his decision whether to start the business or not.

 

[Planet408]

A business plan is of high importance. Without a business plan, you won't know the very estimated cost of the business you have in mind and you may end up using some of the money for the business for something else. In other words, you could be making a wrong budget for your business.

 

[jay]

Business plan is important because it is the outlined steps to actualized the goal. The person to draft business plan is the one with foresight of the business because while some are enriched with wealth, some are enriched with knowledge. So those who have the money but lacks the knowledge can reach out to a firm and work with them.

 

[Draysongz]

Business plan is the blue print of what a business entails, how it is to be run and the steps to ensure the successful running of the business. A business owner should be the one to write a plan for the business, as nobody knows what kind of business and style you want your business to have.
[automerge]1611836656[/automerge]
Business plan is the blue print of what a business entails, how it is to be run and the steps to ensure the successful running of the business. A business owner should be the one to write a plan for the business, as nobody knows what kind of business and style you want your business to have.

 

[Zubair]

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.

Of course a person who is going to start any business should have a proper plan, proper research and budget details with which he wants to start a business. Plan is basically the life line or soul of business because without having any idea, one can not run it successfully. But a person who runs his business, should write a plan himself, because he needs to achieve daily Goals, and similarly monthly and yearly goals. So one should write a plan for his business by his own.

 

[MarieArie]

Business plans typically include detailed information that can help improve the business’s chances of success, like a market analysis, competitive analysis, customer segmentation, marketing, logistics and operations plans, cash flow projection and an overall path to long-term growth.
[automerge]1611837158[/automerge]
Business plans typically include detailed information that can help improve the business’s chances of success, like a market analysis, competitive analysis, customer segmentation, marketing, logistics and operations plans, cash flow projection and an overall path to long-term growth.

 

[Nicklas22]

Writing a well thought-out and organized business plan dramatically increases your odds of succeeding as an entrepreneur. A good business plan can help: determine whether your business lhas a chance of making a good profit. provide an estimate of your start-up costs, and how much you'll need to invest or finance.