Business Plans are nothing but just an detailed outline, an architects view. It plays a vital role in setting up for successful business enterprise. Business plans must be properly sequenced and then implemented. Implementation is more required than its formulation. It covers some vital aspects. Some of them can be practiced as under:
1. Analysing the business activity.
2. Anslysing the product.
3. Size and scale of the business.
4. Capital required for the business.
5. Manpower sourcing for working of the business.
6. Implementation of the business strategy.
7. Working for the development of the region.
8. Identifying for the location of the business.
9. Identifying potential market.
10. Communication, transportation facilities.
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