It is a formal documentation which details finance,HR and other strategies of the organization and financial implication of them.
- Uses of the business plan (Objectives)
*It is essential while obtaining bank loan or venture capital.
*It guides and direct the organization.
Advantages
*It helps to allocate resources between department efficiently.
*It facilitate as a measurement of the organization performances.
Disadvantages
*Time waste.
No comments:
Post a Comment