The Business Plan : Creating and Starting The Venture


WHO SHOULD WRITE THE PLAN?



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BusinessPlan. Independent work for English language by IH51

WHO SHOULD WRITE THE PLAN?

  • The business plan should be prepared by the entrepreneur.
  • The entrepreneur may consult with many other sources in its preparation, such as lawyers, accountants, marketing consultants, and engineers.

WHO READS THE PLANS?

WHY HAVE A BUSINESS PLAN?

  • The business plan is valuable to the entrepreneur, potential investors, or even new personnel, who are trying to familiarize themselves with the venture, it goals, and objectives.
    • It helps determine the viability of the venture in a designated market
    • It provides guidance to the entrepreneur in organizing his or her planning activities
    • It serves as an important tool in helping to obtain financing.

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