What is a business plan?

At many stages of his life, a person is faced with so-called planning. In entrepreneurship and business, a business plan is the foundation of all the foundations. As you know, basically business planning is necessary when a future company needs to draw attention to various private parties’ own activities, namely investors and banks.
Despite this, the business plan is not only a document provided to investors as a relative guarantee, it primarily helps to carry out the activities planned by the company, while keeping within certain deadlines, which eliminates unexpected failures in the plans. Continue reading →