Compliances

Business Plan Preparation

Business Plan Preparation

A business plan is a blueprint of step by step procedure that would be followed in order to convert a business idea into a successful business venture.

Objectives

  • To give direction to vision of entrepreneur.
  • To seek loans from financial institutions.
  • To persuade others to join the business.

Business Plan Preparation

 

Procedure to Prepare Business Plan

  • Identifying business opportunities and an innovative idea.
  • Researching the external environment for opportunities and threats.
  • Identifying internal strengths and weakness.
  • Assessing the feasibility of that idea.
  • Allocating resources in the best possible manner.
TOP