What is the Business Plan?
Ø A business plan is an official application for funding and support for an idea to establish a business or to expand a business.
— It may be done for a fresh business or for an
Already existing business
Purpose of a Business Plan
— The entire proposal of the business plan is to confine the reader’s attention in your business to the degree that he or she knows your business well enough to choose whether it is possible or not.
— The business plan should be to the point. The writer must sell his or her ideas to a potential investor.
— Students must be encouraged to use proper English.
— Students should be educated how to use point form effectively. Point form should not substitute the use of complete sentences particularly if the point is not spelt out noticeably for the reader.
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