Reviewing the business plan can also help you see what goals have been accomplished, what changes need to be made, or what new directions your company's growth should take.
Simple - the business plan is the blueprint for your business.
You wouldn't walk over to an empty lot and just start nailing boards together if you wanted to build a house.
Having an up-to-date business plan gives you a much better chance of getting the money you need to keep operating or to expand.
Investors and financiers are always looking at the risk of non-repayment, and word-of-mouth is no substitute for written facts and figures in a properly-prepared business plan.
Comments Planning Business
Planning - Business Jargons
Planning is present in all types of organisations, households, sectors, economies, etc. We need to plan because the future is highly uncertain and no one can predict the future with 100% accuracy, as the conditions can change anytime. Hence, planning is the basic requirement of any organization for the survival, growth and success.…
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What is planning? definition and meaning -
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Business planning Small Business
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Strategic Planning in Business -
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Business plan - Wikipedia
Traditionally business plans have been highly confidential and quite limited in audience. The business plan itself is generally regarded as secret. An open business plan is a business plan with unlimited audience. The business plan is typically web published and made available to all.…
Write your business plan - sba.gov
Your business plan is the foundation of your business. Learn how to write a business plan quickly and efficiently with a business plan template.…
Steps to a Perfectly Written Business Plan - Entrepreneur
Every business needs to have a written business plan. Whether it's to provide direction or attract investors, a business plan is vital for the.…