Business Plan - is it necessary?

[Godspower]

That is right. Guiding the steps in business is the main goal of a business plan. Therefore, people should take business planning seriously. It will help them alot in working cautiously towards success

The importance of a business plan to the growth of a business cannot be over-emphasized. It is like a manual that gives necessary directions on how key decisions should be taken in a business.

 

[Sotherefore]

It is necessary if you have the money to organise it but some people won't have the resources to organise an extra plan after establishing a new business and in this case they will have to focus to make sure their business succeed, well it depends on the company's ability.

 

[Shigobad2020]

If we fail to plan a business before starting , that means we have already fail, failing to plan a business is like building a house without any foundation, that means the business can collapse anytime.

 

[eLdavis]

If we fail to plan a business before starting , that means we have already fail, failing to plan a business is like building a house without any foundation, that means the business can collapse anytime.

What about those that prefer to make their plans while the business is going? What do you think of such mindset? I have a friend who does not really have any plan when starting but rather tends to make one along the way.

 

[Shigobad2020]

What about those that prefer to make their plans while the business is going? What do you think of such mindset? I have a friend who does not really have any plan when starting but rather tends to make one along the way.

I also havean illiterate rich man that started a business without even having any mindset of planning for the business not to talk about future planning , there are people like than and most of them always get lucky.

 

[Omotayo]

Business plans are very necessary, I think without a business plan what you have is a driver without direction. Business plans helps you keep focus and eyes on your goals long term or short term.

 

[Sotherefore]

Business plan b is necessary generally, but that does not mean that you will fly in your first plan. You are just having it in place in case there is any need for . I don't see the reason why this shouldn't be established.

 

[Shigobad2020]

Business plans are very necessary, I think without a business plan what you have is a driver without direction. Business plans helps you keep focus and eyes on your goals long term or short term.

If you want your business to be succesful, then you sure need a business plan that will help you prepare the present and the future planning for your business in order to survive.

 

[joy101]

Business plan is very important in a business, alot of people had fall in their business today because of lack of planning, so is really good to plan for business before going into it.

 

[glitch]

If you don't have a plan, you will just end up wasting time. I know that from personal experience. I didn't plan things out well enough and ended up wasting months getting nothing done and going nowhere with my ideas.

 

[Shigobad2020]

For the survival and the logetivity of your business, You actually need a business plan that will keep and guide your business always instead of wasting money rushing to a business without a plan .
For the survival and the logetivity of your business, You actually need a business plan that will keep and guide your business always instead of wasting money rushing to a business without a plan .

 

[Nomad]

Without a proper plan, how are you supposed to do it? A business plan is a business blue print that clearly mentions the step-by-step process to start your business and make it successful. While having a business plan does not mean you will always become successful but having a plan means it is easier to do business.

 

[Good-Person]

Without a proper plan, how are you supposed to do it? A business plan is a business blue print that clearly mentions the step-by-step process to start your business and make it successful. While having a business plan does not mean you will always become successful but having a plan means it is easier to do business.

Business plan is very essential and this is also one of the main reasons why so many people depend on business plans. I believe that a company should also have a secondary plan that may help the business in many different ways. This is also quite important in case if you need to create a back up plan in order to achieve goals.

 

[Nomad]

Creating a business plan means you are listing everything that needs to be done on paper. Having a business plan not only helps you to streamline your ideas but also helps you to get the job done easily. A business plan is actually a guide for the business owner.

 

[Good-Person]

Creating a business plan means you are listing everything that needs to be done on paper. Having a business plan not only helps you to streamline your ideas but also helps you to get the job done easily. A business plan is actually a guide for the business owner.

I reckon that creating a business plan may involve creating a basic structure of the business plan. This also involves creating a basic building block and properly structuring the business plan before finalising it in the end. This may involve analysing the business model and creating the plan accordingly.