Scribd Logo
Upload

Welcome to Scribd!

  • Untitled

    Uploaded by

    Terrence Ricafranca
    10 views10 pages
    A business plan is a written document that outlines the goals, objectives, and strategy of a business. It is important for micro-enterprises to create an effective business plan to determine financial needs, attract investors and lenders, and create an effective growth strategy. An effective business plan can help minimize risks and costs while identifying operational defects for small businesses. Business plans should be realistic, based on community needs, flexible, and start with simple initial projects.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    A business plan is a written document that outlines the goals, objectives, and strategy of a business. It is important for micro-enterprises to create an effective business plan to determine financial needs, attract investors and lenders, and create an effective growth strategy. An effective business plan can help minimize risks and costs while identifying operational defects for small businesses. Business plans should be realistic, based on community needs, flexible, and start with simple initial projects.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    10 views10 pages

    Untitled

    Uploaded by

    Terrence Ricafranca
    A business plan is a written document that outlines the goals, objectives, and strategy of a business. It is important for micro-enterprises to create an effective business plan to determine financial needs, attract investors and lenders, and create an effective growth strategy. An effective business plan can help minimize risks and costs while identifying operational defects for small businesses. Business plans should be realistic, based on community needs, flexible, and start with simple initial projects.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 10

    ENTRPRENEURSHIP:

    IMPORTANCE OF
    BUSINESS PLAN
    KEYWORDS
    MICRO- it means very small or limited in quality
    ENDEAVOR- it means an effort to do a task
    BUSINESS PLANNING- refers to the process of setting up
    goals for a particular business
    BUSINESS PLAN
    is a written document that includes all the
    smallest and biggest details in the business. It
    is simply giving you the path or the right way
    in achieving the goals and objectives of the
    business.
    PURPOSE OF A
    BUSINESS PLAN
    1. to create an effective strategy for growth
    2. to the determine your future financial needs
    3. to attract investors and lenders.
    HOW DOES BUSINESS
    PLAN HELP THE
    INVESTORS?
    BENEFITS OF
    PLANNING A BUSINESS
    Making of a business plan can minimize or eliminate risks.
    A business plan can also minimize the cost of production.
    A business plan can identify the defects of the business
    operations.
    BASIC PRINCIPLES IN
    RUNNING SMALL
    BUSINESS/ENTERPRISE
    1. Planning must be realistic.
    2. Planning must be based on the needs of the community.
    3. Planning must be flexible.
    4. Planning must start with simple projects.
    QUESTIONS/
    CLARIFICATIONS?

    You might also like