The business plan covers all essential elements of the business and the necessary thing components that affect its performance. The business plan is used to extend the opportunities for growth, development and raise additional capital. This paper discusses the importance of business plan, its contents and offers some guidelines that ought to be considered throughout its writing, and so forth. In this paper is used the case-based methodology, where a practical instance of a business plan is supplied.
- Setting up a joint venture with a longtime companion might make all the difference in getting your small business off the bottom.