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Is a business plan a mandatory document for a business.
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[QUOTE="CALVINDOL, post: 249258, member: 43757"] The benefit and importance of how a business plan is definitely mandatory to a particular business is totally inexhaustibly mentioned and what that means is that the benefits of a business plan to a business organisation is uncountable because a business plan totally organizers and most importantly speculate the reason why the business is actually in existence . A business owner that runs a business without a business plan has the potential for his business to go bankrupt and most importantly liquidate . In the business plan of any business at all it is definitely speculated and clearly clarified on the business plan documents on how a particular business should act in face of trials and challenges . It also shows how the business should react and also act when cost of production or cost of carrying out business activities and services possibly increases . Let no one lie to you but a business plan is definitely mandatory for every business . A business without a business plan is possibly likened to a boat without a sailor or without a driver and such boats is never in safe hands because it could never be controlled in the best possible hands in order to reach its destination . For a business to inspire and to reach greater and massive heights it is advised that the business plan of the business must be in existence in order to guide the business to its goals and destination . [/QUOTE]
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Is a business plan a mandatory document for a business.
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