Thursday, January 26, 2012

Significance and characteristics of the business plan in terms of financial crisis?

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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