A business plan is specific to each business. While each business needs a unique plan, the basic elements are the same in all business plans. It requires you to be objective, critical and focused while making a business plan. The finished project is an operating tool to help manage your business and enable you to achieve greater success. The plan also serves as an effective communication tool for financing proposals.
On completion of this workshop, you should be able to:
Describe the importance of a business plan
Identify the elements of an effective business plan
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