A Business Plan is written document, which describes your action plan & how you are going to achieve them.
It Contains your Strategies, Financial Goals, Organisational Hierarchy etc.
in nutshell
It is a ROADMAP to your Business Success.
The More precise the Business Plan will be, more are the chances of success.
There are various element to it, like
> Executive Summary
> Overview and Objectives
> Products and Services
> Market Opportunities
> Sales and Marketing
> Competitive Analysis
> Operations
> Management Team
> Financial Analysis.
A detail analysis of each is important & neccessary.
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This reply was modified 3 years, 5 months ago by
ca.ahmedali.