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HIGHLIGHTS
DOCUMENT DESCRIPTION
Why is a Business Plan Important?
• It forces management to think through the proposed business in detail and to consider tradeoffs
• It enables management to plan company growth and to anticipate changes in a structured way
• It allows goals to be set, against which the project's and participants' future performance can be measured
• It states what the venture will not accomplish
• It enables quick and objective decision making
• It is a persuasive argument for investment funds
• It commits the management team to a common set of goals, and contains a blueprint for achieving those goals
• It becomes a vehicle for communication
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Source: Best Practices in Business Plan Development PowerPoint Slides: Business Plan Fundamentals PowerPoint (PPT) Presentation, Documents & Files
AUTHOR: DOCUMENTS & FILES
Documents & Files has published 130 additional documents on Flevy.
DETAILS
File Type: PowerPoint (ppt)
File Size: 504.5 KB
Number of Slides: 34 (includes cover, transition, & marketing slides)
Related Topic(s): Business Plan Development
This business document is categorized under the function(s): Organization, Change, & HR Strategy, Marketing, & Sales
It applies to All Industries
Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.
Initial upload date (first version): Apr 27, 2014
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