BUISENESS MANAGEMENT
BUSINESS PLANNING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -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-2: -A business plan is a written document that describes in detail how a business is going to achieve its goals from a marketing, financial and operational viewpoint. You should plan your business carefully before you start up.
Detailed explanation-3: -A Business Plan is a written document that defines the goals of your business and describes how you will attain those goals.
Detailed explanation-4: -A good business plan guides you through each stage of starting and managing your business. You’ll use your business plan like a GPS for how to structure, run, and grow your new business. It’s a way to think through and detail all the key elements of how your business will run.