Why Business Planning ? 10 Main Reasons
1) Determine financial needs
2) Document financial feasibility of your business
3) Attract investors
4) Attract partners
5) Attract employees, managers
6) Reduce, eliminate risk
7) Assess the success of future developments,.. new products
8) To establish business milestones
9) Reposition to adapt with changing conditions.
10) To plan and forecast company’s employment needs
Business Plan - The End Product . Usually 35-60 pages containing; executive summary, company, product,
market information. 3-5 years pro-forma finacial statements, including Income statement, Balalnce Sheet,
Cash Flow, Ratios Sales Plan, Personel Plan, plus many tables and graphs. In PDF document
Above All, the Business plan will show if business case is possible and under what conditions,..