Discussion Board
Submit a minimum of 150-word answer for each of the following questions :
Please answer the following questions:
- What is a business plan?
- What are the top 3 advantages to preparing a business plan for a new venture? Please explain why for each.
- 14 days ago
- 3
Answer(1)
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- BusinessPlan.docx
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Tips(1)
A business plan is a formal business document outlining the goals of a business venture, the ways and timeframe to achieving those goals. Some of the advantages of having a business plan is that it could be used to source for outside funding, it could help with business analysis, it could help with designing business strategy, while at the same time checking for financial performance of the business.
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