BUSINESS PLAN BASIC
GOALS
Business plan is key management tool the can be used for variety of reasons.
Attracts debt or quity financing.
Provide strategic guidance,operating tactics and objectives.
Furnish standard against which to judge business decisions and results.
Evaluate viable alternatives strategies establishing operational and financial structure of management buy-out.
Regardless of the exact impetus, a business plan is a fundamental for all start-up and rapidly growing business.
Due to array of business plan goals and the endless variety of circumstances, there is no such thing as standard business plan. Furthermore a business plan should not be static.