Having a business plan is important for start-up companies as it allows them to set long and short term objectives with a clear strategy of how to achieve them.
A business plan is the first vital step to the success of a company. It outlines the operational and financial details of a business. In addition to this, it details the budgets and how certain objectives will be achieved. Every aspect of the plan should address possible questions that people reading the plan may ask.
Structure of a Business Plan
In order for your plan to be effective and easy to understand there has to be a clear format in place. The minimum elements that should be included are:- Executive Summary - This an overview of your business including...
