Every business needs a business plan. In writing a business plan, it is assumed that you already have been able to generate business ideas that can make you profit, and you just want to draw up a plan that will enable you realize your business ideas.
When looking at the business world today, so many people still don’t see the important of business planning.
Why should your business have a plan? It can’t be over emphasis. Every business without a plan is planning to fail.
With a business plan:
- It enables a road map for your business to be drawn
- It makes room for mistake to be made on paper instead of during the business activity
- A plan ahead, is a success ahead. With business plan, your chances to succeed is increased
- It enables you know the business environment better
- It enables the details of a sequence of activities necessary to bring the business ideas to reality to be drawn up
- It enables the business to be properly capitalize
- It improves the self-confidence of the owner of the business, as he has a plan ahead others
- Lenders and investors can easily access the business.
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