ENTREPRENEURSHIP

Detailed explanation-1: -A business plan is a document describing a company’s core business activities and how it plans to achieve its goals.

Detailed explanation-2: -According to Investopedia, “A business plan is a written document that describes in detail how a business-usually a startup-defines its objectives and how it is to go about achieving its goals. A business plan lays out a written roadmap for the firm from marketing, financial, and operational standpoints.”

Detailed explanation-3: -A business plan is an essential written document that provides a description and overview of your company’s future. All businesses should have a business plan. The plan should explain your business strategy and your key goals to get from where you are now to where you want to be in the future.

Detailed explanation-4: -1. Executive summary. The executive summary is an overview of the key points contained in your business plan and is often considered the most important section. It is usually the first section that a potential investor or lender will read, and may be the only section to be read if it is not prepared properly.

Detailed explanation-5: -Operational Planning. “Operational plans are about how things need to happen, ‘’ motivational leadership speaker Mack Story said at LinkedIn. Strategic Planning. “Strategic plans are all about why things need to happen, ‘’ Story said. Tactical Planning. Contingency Planning. 07-Jul-2017