Creating a business plan is not compulsory. It is, however, a precious tool that will help you bring your business project to reality. A business plan is used to provide a clear and detailed presentation of a business project to investors and stakeholders. It is therefore essential to raise funds.
Creating a business plan will help:
- structure and guide the development of the company
- and assess the risk and viability of the project.
This by providing a perspective and a global vision of the business activities in the short, medium and long term.
But also to give the elements that will allow:
- to measure the performance
- and to define strategies to achieve the objectives.