A business plan or structure.

[Chilwell]

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.

[Dr.Bitcoin_Strange]

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.