Steps in planning a business Flashcards by Unknown Unknown | Brainscape

Q

What is a Business plan?

A

A business plan is a written document that explains what a business wants to achieve, how it will work, and the steps it will take to succeed.

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Q

Steps In planning a business

A

Concept a business Idea
Research Market Probe
Identify resources- Human, non-human, Financial
Feastablilty- study, problems, and opportunities
Business detailed Proposal
Funds/capital- investors, bank, personal saving etc.

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A

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