Any suggestion?Significance and characteristics of the business plan in terms of financial crisis?If you do your business plan right your business won't have a financial crisis. The purpose of a business plan (from the perspective of the entrepreneur) is to come up with a realistic plan that sets out orderly growth including anticipating the timing of capital infusions.
You should also have a "Plan B" based on worst case situations so that you know what steps to take so your enterprise can survive a general financial crisis.
Hope this helps
Jerry-the-bookkeeper
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