Adventurer
Mythical member
Nowadays I see many new businesses springing up without business plans and it amazes me.
No matter how small your business venture is, it is imperative to have a plan, here is why
1. A business plan helps you determine the feasibility of the business
2. Identifies your threats and competitors
3. Lays out long term milestones that are important to the success of the business
4. Identifies your financial needs
5. Analyses how the business intends to make money
6. Provides details about the company, staff and customers
The importance of a business plan to cannot be over emphasised.
Are you starting a new business?Write that business plan!
No matter how small your business venture is, it is imperative to have a plan, here is why
1. A business plan helps you determine the feasibility of the business
2. Identifies your threats and competitors
3. Lays out long term milestones that are important to the success of the business
4. Identifies your financial needs
5. Analyses how the business intends to make money
6. Provides details about the company, staff and customers
The importance of a business plan to cannot be over emphasised.
Are you starting a new business?Write that business plan!