ENTREPRENEURSHIP

Detailed explanation-1: -How often should you review your plan? It depends on internal and external circumstances – whether things are rolling along smoothly or if you’ve hit some bumps in the road. A thorough update should be performed at least annually, but financial reviews may need to be done monthly or quarterly.

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.