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Do i need a business plan to succeed Online?
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[QUOTE="Kendy, post: 244171, member: 63869"] A business plan is not the yardstick to decide your success or failure in a particular business venture and it is not mandatory but for me, it is very important. As humans, we might tend to forget some things but with the help of a business plan, it would keep some record which would be used as a reference point for an entrepreneur. Actually, the benefit of a business plan cannot be under-emphasized, this is because, it serves a guide to the business owner, where he could get back to in order to draw a reference point. In other words, a business plan is like a tracker which keeps the records and ensures that the business is going in line with the vision and seeks to amend some ways that have not been rewarding to both the customers and business owner. With a business plan, you would be able to track your record to ensure whether it is positive or negative and proffer solutions as well. During the covid-19 pandemic, those who has no business plan were left in a state of dilemma and those who has a business plan yet failed to input a backup plan in case of unforeseen situations were also left in a state of confusion. If a business plan is faulty, it is as good as not having one. [/QUOTE]
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