Does starting up a business require a business plan

[Robust]

Yes.. all businesses either small scale or big scale businesses requires a concrete business plan to help in the running of the business. Without business plan, you will not know how to start and know what is going on in businesses.

 

[Bigron]

Yes, I believe starting a business plan is vital for a business because it ensures that you have a clear direction for the business to move in and gives a fair idea of how you wish to operate the business

 

[Shigobad2020]

Before you can start a business and be successful in the line of the business, you need a good and proper business idea and plan drafted out , that you will follow as guidance.

 

[tyrim88]

Most of the failed business out there actually failed because they don't have any business plan initially , and some even failed because they deviated from their initials business plan,

That is why most persons usually neglect this aspect of business,because they think that their knowledge and finance can cover up for a lot of things,but it does not work that way.

 

[Alisco]

It's a most to have a business plan before starting a business. Business plan is bed rock of every business,the foundation of any kind of business. Having a business plan mean ready for business, without a plan nothing business will exist

 

[Imran_Noori]

I strongly believe before you start a business a business plan is required but do you think is compulsory

Not only in business but in every stuff you want to start you need a plan because if you start a business without a plan, it has more chance of failure, before starting something think about it and make a plan for it.

 

[Syldan]

Business plans is the first building blocks of every business without, it will be very difficult to achieve your goals because it all depends on your plan. that helped you to know when and how to run the business.

 

[frederick_9]

Most importantly, a business plan is essential before investing or starting a firm since without one, the enterprise cannot fulfill standards and would suffer in other areas, such as the financial sector, where it will fall short.

 

[Agbalagbaa]

Having business plans is very important it will help you to gain a lot of things, if you don't have a business plans there's no way you can gain the best results you want.

 

[Mighty]

Well am speaking with experience Starting a business can take a lot of work, time and money. Follow this guide to get your business plan off the right foot. ... It's a good idea to find out what your starting costs will be.

 

[nana kwasi]

Most people just obtain funding and start a firm, even though they lack understanding. the efficient operation of the company and what is and isn't achievable. Business plans are crucial in building a framework for the direction a company wants to take.

 

[Shigobad2020]

Most people just obtain funding and start a firm, even though they lack understanding. the efficient operation of the company and what is and isn't achievable. Business plans are crucial in building a framework for the direction a company wants to take.

Though like you actually said , most of the big business out there started their business with loan and they are doing perfectly fun mainly because they have a good business plan.

 

[Connor909]

A business plan isn't always necessary when starting a business, but it's usually a good idea to write one. A business plan is a written document that covers the important aspects of how your company will run, such as your target market, marketing strategy, projected financial results, and more. It can assist you in refining your business idea and in identifying potential problems and their remedies.

 

[Heatman]

I strongly believe before you start a business a business plan is required but do you think is compulsory

I've never seen any business that is started anywhere in the world without a business plan. No matter how small that business plan is required to be, it is something that will always be on ground which business is going to be all about in terms of its running and management.

 

[Immilash]

I've never seen any business that is started anywhere in the world without a business plan. No matter how small that business plan is required to be, it is something that will always be on ground which business is going to be all about in terms of its running and management.

That's the, you are expected to start up a business with a good plan, if you don't have plan that means you totally don't have idea on what you are doing.

 

[Jonaville]

I strongly believe before you start a business a business plan is required but do you think is compulsory

I don't think there is a way a business will grow forward if you do not have a business plan. I don't even think you can carry out a business without having a kind of business plan

 

[Immilash]

If you want to run a successful business you definitely need to plan, a lot of business ended up failing just because they don't have a good plan, if you want to succeed you need to have a good business plan.

 

[Robert90]

The necessity of a business plan when launching a company is up for debate. While some contend that a business plan is vital for every company, others hold that not every entrepreneur must have one. A business plan can be a useful tool for getting money from investors and can aid a company through each stage of launching and running the business.