Successful entrepreneurs are self-motivated individuals who possess a broad base of business knowledge as well as skills in a specific area which they decide to market. They must be able to put together a sound business plan, which encompasses all of the key areas of a new business.
Business Planning Essay Example
The business plan is the most critical document that any business can produce, and is used by creditors, potential employees, investors and the entrepreneur himself to gauge the potential success of the business and to provide a roadmap for the company. The business plan is a working document that is modified and updated as the business itself grows and changes, and the document can help a new entrepreneur determine the best way to approach his new venture.
The business plan force..