What is business plan?

[Reedex]

Business plan is a document that contains the detailed information about the company's financials, objectives, goals and strategies. It is important for every business to involved in a business plan for it to be successful.

 

[Chibson]

Yeah, it is very important and necessary for anybody who wants to go into a business to have a business plan.
Business plan serves as a direction.

 

[eldavis]

A business plan is more like a document that contains everything there is to know about the business ranging from how to start the business and where to get the startup capital and how to generate it back and so many other details.

 

[Chibson]

A business plan is just like a road map or a white paper. It give you a clear direction of where your business is heading to and what you intend to achieve.