What is a business plan ?
A business plan is a document setting out the strengths, aims and startergies of a business
What is an aim ?
An aim is the goal that the business wants to achieve
What is an objective ?
An objective is detailed steps of how the business will achieve they’re goals
What is the importance of a business plan ?
When an entrepreneur is thinking about setting up in business, it is important to think carefully about what is needed to make the idea a success, how the business will compete against other firms and how much money is needed to run it.