Tuesday, August 28, 2007

Business plans

The Whys and Wherefores of Developing a Business Plan
Your business plan is the road-map which your business follows to development. A proper business plan helps to determine how to attain business goals and enables start-ups to examine the viability of the business. As well, financial institutions and investors require a business plan in order to secure funding.

Purpose
It allows existing businesses the opportunity to identify their strengths and weaknesses and plan for future success. Business plans are developed for many reasons.

Road Map
By taking that step back, you see the big picture more easily. It not only lays the groundwork for starting the business but for successfully remaining on track and building a sustaina View the rest of this article


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