Business Plan

  • Created by: Talae
  • Created on: 19-02-16 03:12

Business Plan


  • shows a clear target to make profit
  • its always there to refer to
  • aid possible investors


  • has to be constantly updated
  • waste of time if the business does not follow the plan
  • take time and energy to make
  • there is no guarantee that it will help to make profit
  • can be expensive
  • unalterable


What a business plan contains:---- the idea ---- how it is different and unique ---- the target market segment ---- potential competitors ---- who the customers are and how much they will buy at what price ---- break even ---- the required finances ---- sources of finance ---- production


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