A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them. It may also contain background information about the organization or team attempting to reach those goals. Traditionally business plans have been highly confidential and quite limited in audience. The business plan itself is generally regarded as secret. An open business plan is a business plan with an unlimited audience. The business plan is typically the web published and made available to all.
We at MB Law Ltd Solicitors provide each and every minute information to our all valuable clients regarding the planning and development needed in business.
There are following steps involved in planning and development of a business.
- Idea Generation
- Environmental Scanning
- Feasibility Analysis
- Project Report preparation
- Evaluation, control, and review