Sunday, August 10, 2014

THE VALUE OF A BUSINESS PLAN


       In the article, What is a Business Plan and Why Does my Company Need One? Achieve Company Goals and Objectives Through Writing a Good Business Plan” Rosemary Peavler states that:
“A business plan is probably the most important and useful document you, as a prospective or current owner of a small business, will ever compile. It is a written statement that sets forth your business’s mission and objectives and, in detail, how it is going to reach them. The business plan details the ownership and management structure of the business, the operational and financial details, and how it hopes to achieve its objectives.
       In developing