A business plan is a document that describes your business, the market it operates in, its objectives and the strategies you have in place to achieve these objectives.

A written business plan:

forces you to think realistically, objectively and unemotionally about your business
leads to questioning of past and future assumptions
makes it easier to communicate planning objectives and strategies to bankers, partners, employees, financial backers and so on
helps to ensure that all aspects of the plan are clear and integrated
serves as a reference point when determining the effects of alternative courses of action on business operations
allows you to identify any areas where you may need external assistance
allows you to plan the growth of your business and associated capital requirements.

Need help developing your business plan? Email info@businessplansnigeria.com or 07031517266