28 Palazzo Road, Fraser Rise, VIC 3336
28 Palazzo Road, Fraser Rise, VIC 3336
A Business Plan describes a business opportunity. It is like a road map because it tells you what to expect and what alternative routes you can take to arrive at your destination.
A number of research studies have indicated that successful small business managers set realistic goals and plan how they are going to reach them. Planning helps you to work smarter rather than harder. It keeps you future-oriented and motivates you to achieve the results you want. Perhaps most importantly, the process of completing a Business Plan enables you to determine what commitment you need to make to the venture.
Control future risks
Prepare for future uncertainty
Control business environment
Control business growth
Avoid sales crises
Avoid liquidity crises
Avoid succession crises
Ensure people development
Ensure work space available
Avoid stock buying crises
