Respuesta :
A business plan is a very important strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs to focus on the specific steps necessary for their to make business ideas succeed, but it also helps them to achieve both their short-term and long-term objectives.
It is important for a business organization to write or note down its business plan, in order to run and manage the business activities efficiently.
What is a business plan?
A plan, which is a part of function of business management, where a business is run as per the set organizational goals and procedures, it is known as a business plan.
It is very essential for an organization to write its business plans, as it enables setting the organizational goals and also the set of actions that can be performed to achieve those goals.
Hence, the significance of a business plan is aforementioned.
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