Business planning

The purpose of developing the business plan – to plan the economic activity of firms in the nearest and distant periods in accordance with market needs and opportunities, obtain necessary resources. The business plan helps the entrepreneur to solve the following main tasks:

• identify specific areas of activity, target markets and the location of firms in these markets;

• to formulate long-term and short-term goals of the company, the strategy and tactics to achieve them. Identify the persons responsible for implementing the strategy; Continue reading →