Why Is Planning an Important Step in Starting a Business?

By External Author |

There are two primary reasons for writing a business plan. The first is to organize yourself, set priorities and identify the steps needed to achieve them. Secondly, a business plan is a principal means of showcasing your business to investors. However, not all companies need to develop a formal plan.

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Original Article Source Credits:   Chron , https://smallbusiness.chron.com/

Article Written By:  David Sarokin

Original Article Posted on:  November 16, 2020

Link to Original Article:  https://smallbusiness.chron.com/planning-important-step-starting-business-15.html

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