Does starting up a business require a business plan

[Sotherefore]

Before you are even interested in starting a business it is normal for you to have a business plan because it is something that will guide you on all the things that are needed to start up the business you are interested.

 

[Skysaint]

Lol, of course it does. How can you have in mind to startup a business without atleast having a business plan? It's more like footballers going into the field to play without having to device their ball formation. Business plan is necessary for a business startup.

 

[Jlife]

It is really necessary that you have a business plan

Starting a business without a plan simply means you have already started wrong. Like they say a man without a plan is like a man planning to fail. A business plan should be the first thing eben before the start up capital if possible. Everything needed to run the business can be found in that plan

Because it is something that will help you to understand what you will do in each stage of the business, starting a business without a plan is just starting a blind business.

 

[Kelly5]

There is nothing that anyone will want to start in this life that does not require a plan on ground for it. Sinus starting a new business, it also requires you have a sound business plan on ground for it

 

[eLdavis]

It is really necessary that you have a business plan
Because it is something that will help you to understand what you will do in each stage of the business, starting a business without a plan is just starting a blind business.

Well said, you would end up taking the wrong steps during difficult situations or making decisions under pressure, which would be bad for the business.

 

[Setfragil]

You can not set up a business without having a good business plan. Business plan involves all the activities involves in the running and managing of the business.

 

[Richard92]

yes its compulsory because every business needs planning before starting. no business grow up without planing, its the important factor in any business. planing makes business proper, through any one know how to work

What type of business requires business plan when you're starting up a business the first thing you do is to make research and after the research you have a business plans before going into any form of business

 

[Rhapsody]

Business plan is the number one thing that a business needs before the start of the business. A business without a plan might fail at the long run of the business and might never rise

 

[Ralphjoe]

Yes a business should have a business plan, a business plan shows anyone readout what the purpose of the business is, how the business plans to raise funds, the capital the business is starting with and the major information that can give a lay man the clue of what the business is all about

The importance of every business having a business plan cannot be overemphasized as I have come to discover that those businesses that has business plans we have a much higher chance of succeeding than businesses that do not have business plans.

 

[Mayox25]

Planning is very important it gives you direction. Therefore a business plan is important when starting a business it is your manual in implementing your set objective.

 

[Thinker009]

It's very compulsory , because without that are you going to make the business a sucessful one , you obviously need capital to build the business to a higher growth and acheivement

 

[Hena101]

Even though it is not compulsory but its good to have a business plan because it can help you keep focus on the goals and be committed toward achieving it.

 

[Jlife]

Well said, you would end up taking the wrong steps during difficult situations or making decisions under pressure, which would be bad for the business.

I might not even be surprised that most businesses that are failing nowadays is because of lack of proper business planning, because it is very important in the life of the business-minded people.

 

[Dagm1]

Indeed it is actually mandatory as well as essential for one to have actually a company strategy prior to launching a company. Without a company such company is actually most likely to stop working quicker compared to anticipated, however along with a company strategy you currently understand all of the in as well as away from business, exactly just what to perform as well as exactly just what certainly not to perform and so on

 

[eLdavis]

I might not even be surprised that most businesses that are failing nowadays is because of lack of proper business planning, because it is very important in the life of the business-minded people.

True, I agree with you. Most of us these days just rush into various business without a plan because we see others going into it and making profit from it, we assume it's that simple

 

[Jlife]

True, I agree with you. Most of us these days just rush into various business without a plan because we see others going into it and making profit from it, we assume it's that simple

It is not exactly the best for us to rush into various business without a plan, other people who are succeeding in the business have pass through a lot sometimes before they are able to attend that position.

 

[Justin]

You need proper planning even to cook a meal. You need to collect ingredients and prepare the recipe. How do you get this idea that a business does not require any planning.

 

[Sotherefore]

You need proper planning even to cook a meal. You need to collect ingredients and prepare the recipe. How do you get this idea that a business does not require any planning.

Lolz,nice illustration planning is very important in a business and anyone who wants to go into a business should never overlook the stage of planning because it is very important.

 

[Richard92]

Lolz,nice illustration planning is very important in a business and anyone who wants to go into a business should never overlook the stage of planning because it is very important.

All business startup requires business plan as a business owner who want to start up a business must first of all make research with his research he will bring up a plan before going into the business fully.

 

[Tracee]

Yes it definitely does require a business plan this in turn help with the financial aspect of things, without a plan there will be no proper risk management when it comes to funds, time and environment.