ENTREPRENEURSHIP

Detailed explanation-1: -A handwritten business plan is acceptable if it is neat, well organized, and inviting to read. Only corporations need to include a form of ownership section in a business plan. Copies of resumes help show that owners are qualified to manage a business.

Detailed explanation-2: -A business plan is a very important and strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed, but it also helps them to achieve short-term and long-term objectives.

Detailed explanation-3: -In order to be effective, a business plan should always be in writing. Effective planning is less important to the success of a business than other management functions, such as organizing, implementing, and controlling. The results of strategic planning are goals and strategies that guide the entire business.

Detailed explanation-4: -Executive summary. Briefly tell your reader what your company is and why it will be successful. Company description. Market analysis. Organization and management. Service or product line. Marketing and sales. Funding request. Financial projections. More items