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Further Discussions => Entrepreneurship , Business & Online Work Forum => Topic started by: Penlex_Writer on December 25, 2024, 12:05:32 AM
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A business plan is an important role,you can't carry out a business without a plan,a plan simply means a structure,a business Without a good structure can't stand firm,the plan consist of the background,the starring up process,the business license or permits and also knowing your business history,the amounts you spent in purchasing and the returns you made,it facilitate speedy growth.
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The actual idea of business is very important, we can't take risk with money on something that we have no idea. Apart from that we also need to have many skills especially the decision making which sometimes put you in a spot live or die and we have to make decisions to move further or else we are not going anywhere in our life.
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A business plan is an important role,you can't carry out a business without a plan,a plan simply means a structure,a business Without a good structure can't stand firm,the plan consist of the background,the starring up process,the business license or permits and also knowing your business history,the amounts you spent in purchasing and the returns you made,it facilitate speedy growth.
A business plan is important for success, because it clarifies goals, and helps traders to understand the market, and guides them in making financial decisions, and fosters strategic planning. If a trader have a good business plan you'll have a clear understanding of how your business will operate, including your organizational structure, roles, and responsibilities. If a trader have a good business plan, he will be free from depression and stress and it reduces business risks.
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A business plan is an important role,you can't carry out a business without a plan,a plan simply means a structure,a business Without a good structure can't stand firm,the plan consist of the background,the starring up process,the business license or permits and also knowing your business history,the amounts you spent in purchasing and the returns you made,it facilitate speedy growth.
IN every business, we must make an adequate planning over it, this will help us achieve what we wanted from it and also go beyond such, if we fail to plan, we are already planning to fail, we should know that these are part of what make many establishments fails after creating them, because they lack effective management and planning over the the business they are doing.
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Yes, business plan is essential when starting when starting a business because here you can plan and identify and figure out the steps you need to take to make your business work. It helps you see your goals clearly and plan for any problems that might come up. A simple plan is enough to guide you and keep you focused on what’s important. It’s like having a map to follow so you don’t get lost while trying to grow your business.
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Companies and businesses with a very well detailed business plan tend to survive longer than businesses that are unplanned. This is no rocket science, but simply because of the level of organization that each business possesses. A very well planned and organized business will be able to face with overcome challenges because there is a good structure within. Businesses that are poorly planned suffer a lot because challenges easily affect them.
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The main purpose of the business is to make profit. According to the plan the conducting business activities facilitates success and reduces the chances of failing. Business plan is a reflection of the future activities of the business. It is a written document in which the business goal, nature, management genre, the way of financing, the current status and the full image of future development are depicted. Business plan helps a businessman reach his desired goal. Business plans are required in both the start of the new business or the current business expansion.
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A business plan is an important role,you can't carry out a business without a plan,a plan simply means a structure,a business Without a good structure can't stand firm,the plan consist of the background,the starring up process,the business license or permits and also knowing your business history,the amounts you spent in purchasing and the returns you made,it facilitate speedy growth.
There is no business without a plan, and that is why some will call it business plan, because they understand the need for one to make a plan in other to achieve their desires over starting a business, this also is one of the determining factors to the success of any new business as well as the existing ones, this goes along with the budget for the business and the strategy to engage for the smooth operations of the same business.
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A business plan is more important than the structure because over time the structure can change but the plan is more important because even if the found is not available again the plan will be in place. The plan is what determines profit, structure, etc
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A business plan is more important than the structure because over time the structure can change but the plan is more important because even if the found is not available again the plan will be in place. The plan is what determines profit, structure, etc
what are you talking about mate?
a business plan IS the structure of the business it is the foundation it is what builds it and it can change over time because in business you have to be flexible enough to run your business accordingly to what is important or what is needed in the business
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A business plan is more important than the structure because over time the structure can change but the plan is more important because even if the found is not available again the plan will be in place. The plan is what determines profit, structure, etc
what are you talking about mate?
a business plan IS the structure of the business it is the foundation it is what builds it and it can change over time because in business you have to be flexible enough to run your business accordingly to what is important or what is needed in the business
I get your point, but the business plan and structure aren't the same. The plan is your roadmap for growth and profit, while the structure is how things are organized. Both can change, but the plan guides everything.
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A business plan is more important than the structure because over time the structure can change but the plan is more important because even if the found is not available again the plan will be in place. The plan is what determines profit, structure, etc
what are you talking about mate?
a business plan IS the structure of the business it is the foundation it is what builds it and it can change over time because in business you have to be flexible enough to run your business accordingly to what is important or what is needed in the business
I get your point, but the business plan and structure aren't the same. The plan is your roadmap for growth and profit, while the structure is how things are organized. Both can change, but the plan guides everything.
We are all saying something meaningful and only needs more clarifications, a business plan is what comes first in other for us to have a picture of what we want to do and how we are going to achieve it, while the structure is a procedural pattern to be adopted in getting it done, this could involve the organizational structure, financial structure, administrative structure, employees and work structure and so on, all with the aim of ensuring a quality delivery of every process involved in the business without leaving any behind.
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Very start-up businesses have to come up with a plan. When someone actually doesn't have a plan for their business, the business tends to fail because you don't have a structure in place for the business to run. That's why it's very important to have a plan at heart before thinking of a business to start. No reasonable person will start a business without a plan on how to run the business for its growth.
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A business plan is an important role,you can't carry out a business without a plan,a plan simply means a structure,a business Without a good structure can't stand firm,the plan consist of the background,the starring up process,the business license or permits and also knowing your business history,the amounts you spent in purchasing and the returns you made,it facilitate speedy growth.
IN every business, we must make an adequate planning over it, this will help us achieve what we wanted from it and also go beyond such, if we fail to plan, we are already planning to fail, we should know that these are part of what make many establishments fails after creating them, because they lack effective management and planning over the the business they are doing.
I totally agree with you, one needs to have plans about the kind of business we want to invest into because if we don’t have the plans, that is all what it will take for one to achieve it, the advantages and disadvantages, what we must consider and so on, all this is what we should know about because we can achieve what we want. We cannot have a solid plan of something and we won’t benefit something good from it, it’s not possible.
We have to plant our seeds well and in a good soil, so that we can reap the good fruits of our labor, because if we fail to do the necessary, that is to have a plan about the business we want to invest into, we should be ready to bear the consequences which most people might not find it funny, for us not to witness such, we have to do the needful, which is to have plans of what we need and what we want.
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A business plan is good and necessary because everything thing in life that is has no plan is bound for failure so a business plan is good because it gives you a direction on how you are going to run your business most especially it gives you an idea of how your business is going wether you are making a loss or gaining because a business plan should be able to include the how your business is going to be run, one thing that business owners fails to do when it comes to their business is that they don't have a good business plan which will help them to run how their business is performing
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A business plan is good and necessary because everything thing in life that is has no plan is bound for failure so a business plan is good because it gives you a direction on how you are going to run your business most especially it gives you an idea of how your business is going wether you are making a loss or gaining because a business plan should be able to include the how your business is going to be run, one thing that business owners fails to do when it comes to their business is that they don't have a good business plan which will help them to run how their business is performing
Making proper planning about everything is crucial, the same thing applies to business. if an individual did not make a great plan before starting a business it will definitely result in failure, starting to business without plan is like building a house without foundation, and traveling without knowing where you're heading to. A proper plan will help you a lot, it will show you the direction of the markets and how you will manage the business effectively.
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A business plan is an important role,you can't carry out a business without a plan,a plan simply means a structure,a business Without a good structure can't stand firm,the plan consist of the background,the starring up process,the business license or permits and also knowing your business history,the amounts you spent in purchasing and the returns you made,it facilitate speedy growth.
IN every business, we must make an adequate planning over it, this will help us achieve what we wanted from it and also go beyond such, if we fail to plan, we are already planning to fail, we should know that these are part of what make many establishments fails after creating them, because they lack effective management and planning over the the business they are doing.
Very right, people should learn how to make plan on how their business runs, for this will help them to know how to manage, maintain the stability of the business and prevent it from falling, which also can help them from going bankrupt again and can give them more understanding and knowledge about business which will be producing more understanding for the growth of the business which will aid more sales or profit.