Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,199,434 members, 7,971,578 topics. Date: Thursday, 10 October 2024 at 12:13 PM |
Nairaland Forum / Nairaland / General / Business / Why Do You Need Business Plan (170 Views)
Please I Need Business Ideas For A Student In 2024 / Just RENTED A New Shop And I Need Business Suggestions!!! / Need Business Idea with 300k start up! (2) (3) (4)
(1) (Reply)
Why Do You Need Business Plan by chigopeepeenini(m): 12:51pm On Jul 26, 2019 |
Can you drive a car without learning how to drive? Can you leave your house to work without putting some money in your pocket even if you drive? Can you give birth to a child without a woman around you or as the case may be, a man around you? Some things should be done and done well. Why do some people embark on a business journey no matter how small it is without a comprehensive BUSINESS PLAN? Research studies reveal that the absence of a business plan leads to a higher incidence of failure for new and small businesses, as well as inhibiting growth and development. I have many instances of a small company that has fizzled out or are just barely surviving because they refuse to heed my advice of a need for a business plan. The most important step in launching any new venture or expanding an existing one is the construction of a business plan. Such a plan must include your goals for the enterprise, both short and long term; a description of the products or services you will offer and the market opportunities you have anticipated for them; and finally, an explanation of the resources and means you will employ to achieve your goals in the face of likely competition. Once completed, your business plan will serve as a blueprint to follow which, like any map, improves the user’s chances of reaching his destination. Guess what? It is very cheap to construct a business plan.
|
(1) (Reply)
Nigeria Export Products / All Stickers Production And type Cut / 5 Local And International Payments Gateway To Use For Your Website/online Busine
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |