Transformational leadership: Achieve more together
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What is a business plan?
A business plan is a step-by-step strategy to convert an existing idea into a successful business venture. It is also a roadmap to provide the right directions to a startup so that it can take off ( be launched) safely. Investors also look at your business plan to understand more about your venture, passion, and monetary benefits.
Why is it vital for a startup to have a business plan?
Let’s assume your startup idea is to create an app for delivering medicines at home.
Based on it, the following are the objectives of your business plan: Upgrade to Premium Plan to unlock this content!This content is locked
Citations :
Skillioma (November 27, 2021) What is a business plan?. Retrieved from https://www.skillioma.com/what-is-a-business-plan/.
"What is a business plan?." Skillioma - November 27, 2021, https://www.skillioma.com/what-is-a-business-plan/
"What is a business plan?." Skillioma - Accessed November 27, 2021. https://www.skillioma.com/what-is-a-business-plan/
Skillioma May 9, 2020 What is a business plan?., viewed November 27, 2021,<https://www.skillioma.com/what-is-a-business-plan/>
Skillioma - What is a business plan?. [Internet]. [Accessed November 27, 2021]. Available from: https://www.skillioma.com/what-is-a-business-plan/
"What is a business plan?." Skillioma [Online]. Available: https://www.skillioma.com/what-is-a-business-plan/. [Accessed: November 27, 2021]
Power Words :
- Strategic planning
- Comprehend
- Business model
- Monotonous
- Capital
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