ENTREPRENEURSHIP

Detailed explanation-1: -A business plan is a written description of the business idea and how it will be carried out, including all major business activities. Most business plans are developed for one year and then. updated for the next year.

Detailed explanation-2: -A business plan is a document describing a business, its products or services, how it earns (or will earn) money, its leadership and staffing, its financing, its operations model, and many other details essential to its success.

Detailed explanation-3: -What is a business description? Also called a company description, your business description summarizes what your company does, its purpose, and what makes it unique. It’s a critical component of your business plan and immediately follows your executive summary.

Detailed explanation-4: -What should I write in a company description? Your company description should include all of the basic details about your company. You don’t need to go into granular detail in a company description, but you should give an overview of what you do, how your company is structured, and the vision you have for the future.

Detailed explanation-5: -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.