What is a Business Plan
A business plan is a document that outlines your business idea, your objectives and how you plan to achieve them. It will serve as a guide during the lifetime of your business.
Who Do I Need A Business Plan
A business plan has many functions;
- It assess an idea and its viability
- It is a communication tool for use with clients, advisers, banks, funds
- It is a planning tool for the future
- It provides a step by step approach towards reaching a decision
- It is a working manual for you the entrepreneur
- It is a checklist
One of the most important things you will do is develop your business plan.
Guidelines for writing a business plan