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

[Briangsam]

Business plan is as important as the business itself. So you must be sure that the business plan accommodates every details of the business. Not just anyone can write it. Professionals or entrepreneurs that are in the business are the ones with firsthand experience to write it.

 

[Hdre3m3n]

Business planning is very important, it's helps to see the better picture of the whole business, it helps to be strategize and set a business priority. It should be written by the business owner.

 

[Lyrrex]

Business plans are very crucial for the survival and health of a business concern, without a business plan, A business run a high chance of failure.
Business plans give the organization a blueprint to follow, and how to follow them.

 

[Abbas ali]

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 has 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.

 

[Bart Simpson]

It is the most important thing that you should have in your business because it is the foundation of everything in your business. How can you execute your plan without the plan? Lol it is the most important in every business because this is the starting point.

 

[Thosynho]

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 very crucial for every entrepreneur especially for a new business. Business plan is the same as strategizing on how to enter market and make impact. This is very important for every business person.

 

[Afeefah]

Business plans help determine how to manage your business and foresee how to go about managing your finances and resources.
It will be better to find an expert to write out a business plan when starting a business.

 

[Fabby]

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 has 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. The owner of the business should write the business plan

 

[Adetayo100]

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

 

[Adebayonle7]

A business plan is like having a building's blue print, or going on a new first time journey with a perfectly laid out road map to guide you. Do you think this journey will be successful? Well, of course yes! In fact there is a high possibility that the journey will be successful but will be tiring and you can completely get lost and also unable to fid your way without a map. This is the same with business plans. Even though there a lot more things to consider when drafting a business plan.

 

[Ryeetar]

A business plan is important for a successful business, in fact everything in life needs planning so you don't go round in circles. A business plan can be written by the business owner, can also be given to a business planner for professionalism purpose.

 

[Diamond07]

A business plan is an essential document to be written if you're about to kickstart a new business. It entails the general overview of the business, visions and financial managements. If the business owner can write it, he or she can meeta business expert for guide

 

[Chibson]

Any company or organisation that wants to be successful must have a purposeful and well written business plan. The executives of the company must come together I'm plan a way forward for the company in order for it to be a successful one. This plan must include the roles of each executive and it's workers.

 

[Felixko]

It is very essential for a person who wish to do business to have a plan on how to know the amount to use ,the possible challenges ,the profit and how you can manage the business . the person who suppose to write this business plan should be the one who is to start it with the help of the mentor if any.

 

[Adegbindin Abdullahi]

Whether you are starting a small business or exploring ways to expand an existing one, a business plan is an important tool to help guild your decision, it also provide insight on steps to be taken, resources taken to achieving your business goals and a timeline of anticipated results,business plan enables ones business to be developed

 

[Ifective]

A business plan is very necessary to help a business that is just about to start succeed in the market world. A business plan has all it takes to make a business successful.
A business that is being started without a business plan is ready to not stay long in the market or rather make loss.
Also, the owner of a business can write a business plan if he or she has experience of doing business befire. If not, he should hire a professional with experience to do it

 

[Nathaniel]

The person or persons responsible for implementing the plan should be heavily involved in its development. Some people hire consultants or have employees draft the plan. If you're going to be accountable for the decisions that will be based on the plan, then you need to be involved in its development.

 

[Zamaney]

The person or persons responsible for implementing the plan should be heavily involved in its development. Some people hire consultants or have employees draft the plan. If you're going to be accountable for the decisions that will be based on the plan, then you need to be involved in its development

 

[Emma Aneni]

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.

 

[Quert]

A business plan is an important instrument to help direct your choices, whether you are starting a new business or finding ways to develop an existing one. ... It also offers insight into steps to be taken, the tools needed to achieve your business objectives and a timetable of planned outcomes.