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The Purpose of a Business Plan. Any business plan has a dual function: 1. Internal: Providing management and staff with a clear map, complete with signposts and milestones against which progress can be monitored and evaluated. 2. External: Presenting the investment case to an outsider. This key function provides the focus for this note.
This textbook and its accompanying spreadsheet templates were designed with and for students wanting a practical and easy-to-follow guide for developing a business plan. It follows a unique format that both explains what to do and demonstrates how to do it.
29 Αυγ 2024 · A well-structured business plan is essential for securing investment, identifying potential risks, and setting clear objectives for growth and sustainability. This article aims to provide a comprehensive guide on the key components of a business plan, tailored specifically for students.
A business plan is likely to describe the business and industry, market strategies, sales potential, and competitive analysis, as well as the company’s long-term goals and objectives. An in-depth formal business plan would follow at later stages after various iterations to business model canvases.
INTRODUCTION. This textbook and its accompanying spreadsheet templates were designed with and for students wanting a practical and easy-to-follow guide for developing a business plan. It follows a unique format that both explains what to do and demonstrates how to do it. MAIN BODY. CHAPTER 1 – DEVELOPING A BUSINESS PLAN. LEARNING OBJECTIVES.
Business Plan Template for Students - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. Business Plan Guide For Students.
A business plan is a written narrative that describes what a new business intends to accomplish and how it wants to achieve it. For most new ventures, the business plan is a dual-purpose document used both inside and outside the firm. Inside the firm, the business plan helps the company develop a ‘road map’ to follow to execute its strategies
