Today we will talk about business plan
MEANING OF BUSINESS PLAN
A document that summarizes
the operational and financial objectives of a business and contains the
detailed plans and budgets showing how the objectives are to be realized. It is
the road map to the success of your
business.
HOW TO
PREPARE BUSINESS PLAN?
preparing and developing a business plan is an interactive one that
involves every functional area of a company. Successful business plans are
usually the result of team effort, in which all employees provide input based
on their special areas of expertise and technical skill. Business owners and
managers provide overall support for the planning process as well as general
guidelines and feedback on the plan as it is being developed
WHAT IS THE IMPORTANCE OF BUSINESS PLAN?
Business
plane is very important for any successful project
business plan allows you to communicate your vision to others
and help you to meet your goals. It will include thorough market
research and detailed information about your marketing strategies, target
audience, staff, obstacles and goals.
so business plan is very important and there are many types of Business plan and you should select one which is match with your project .
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