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

[Anymore]

Embarking on a business is a project that needs a professionall working plan, as one would only be guided and instructed by itthe so far that it's serves later as a journal that monitors the business progress and improve the quality of thebusiness as any pointone.

 

[Khizar iqbal]

I think when we come up with an idea to start a business we plan for it which is very important to start any business.We will have the benefit of figuring out how much it will cost us, how many workers we will have, how we are going to run the business.Planning will tell us whether the business we are doing is good for us or not. We will have an idea of how much business can be profitable.

 

[mubinadaddy]

Ideally you are the sole person that is to write the business plan, no one else is suppose to write for you cause you are the one that discovered the business. Writing the business plan will help you to know how the business will operate and succeed in it, writing the business plan will give you details of it and also how you can avoid crashing of business.

 

[Adetayo100]

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.

A business plan is very important as you rightly said, you have to plan your life for everything ranging from your daily activities to your business and other aspects of life. You can also hire a professional to take care of it for you.

 

[QalabDogar1906]

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.

I think business plan for starting a business is most important because without business plan we can start business properly. So we should must have training about business and we should make a plan for starting business. We should made business plan by a good businessman

 

[Sana Diyar]

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 important because Business improves the quality of life in two ways. Firstly, it provides high-quality goods and service to the people required for their enjoyment, comfort, and health. Secondly, a business offers employment opportunities to the people by which they can generate income and improve the quality of life

 

[Marfav]

In deciding the performance of a company, a business proposal and strategy is a critical factor. It helps to know the course of the organization and to consider what is involved in driving the company. Under the guidance of an expert in the area, the owner of the business should write it well.

 

[Jlife]

business plan is very important because it will give you an idea of the business you are about to start and how you can go about the business from the building to the setting up an establishment of that business and he who wants to go into the business to write the business plan.

 

[Heatman]

According to my own point of view, a business plan is important because it is the building of the business and it is the main foundation of the business and it policy. And the owner of the business and a professional should write the business plan

Business plans are the core guide on how a business is to be set up, how it's to operate, maximize profits, get and keep their customers for tie long haul. Any business that doesn't have a business plan operates from the dark.

 

[Philip Omotayo]

Going into a business needs a plan. The business owner can write the plan or give it to the professional writer to help write the plans. Planner see more into the business that is why it is adviseable for the owner to write it himself because it would make him to be conversant with the business.

 

[Waqas wajid]

When we do a business, we make a plan. It is very important to make a statement before doing business. It is even more beneficial if we do some research on it before starting a business.So before we start doing business, we can estimate how much money will be invested in our business and how much money we need. How much money does the business need? How much money do we need to borrow?

 

[KENDRA2020]

the business plan is one of the building pillars to becoming a successful in a business you don't just wake up one day and start a business without having a plan what to do how to do and how to achieve your goals every organisation desires a business planner in one who can just sit down and plan and make things happen that's what a business plan is all about

 

[Asad Ali]

It is vital to a business plan, it lets the owner know at a certain time what to do. It lets the business owner know if business develops as he expects. I would say that for any business plan both the business owner and some employees who know a good deal about the company should write it.

 

[Thosynho]

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.

Having a business plan is liken to building a house with architectural design on the paper. When builder works with building plan, the building will be perfect unlike building a house without architectural drawings. Business plan helps the business to grow.

 

[Hena101]

Not only a business but everything we do need not only planning but property as long as we want to stay long and enjoy it.
When it come to why business planning is important is because whatever you did not take time to properly plan show that you didn't plan to stay long in it.
Business planning is important because it will tell you what is needed at a particular time and so on.

 

[Luckboy]

A business plan is a description of your business model and is important due to following reasons -
It gives your business the right direction.
It helps you identify your potentials customers and competitors.
It gives a roadmap to achieve desired short and long-term goals.

If you have an idea and you want to start a business then you should write your own business plan. Since nobody knows your business as you do. However, you can get your business plan reviewed by a consultant or your business mentor.

 

[Oluwole]

Business plan is very important in a business. Business plan will guide you incase of any challenges, plan your business well and do what you suppose to do. Business plan is very necessary in your business

 

[akinlolu99]

Field-tested strategies are exceptionally essential for the endurance and strength of a business worry, without a marketable strategy, A business run a high possibility of disappointment.

Field-tested strategies give the association a diagram to follow, and how to follow them.

A field-tested strategy is truly significant for another endeavor. It gives clear rules on the best way to begin and maintain the business. It shows the sum needed to begin and maintain the business and all that needed to make it effective.

 

[Bethel Victor]

The importance of a business plan cannot be overemphasized, a business plan sets your sights forward it keep you focused on what you want and how you can get it. If the business is a cooperate one, then the business plan will be made by the board of directives, but if it's a one man business, then the ceo make the plan.

 

[Victor72]

Business plan is very important because this is the standard of the business this is the rules and regulation that will guide the business from the beginning. The owner of the business and a good professionals she be the one to write the business plan, this is to ensure that no mistake should be made