Question

BRAINLIEST FOR THE BEST ANSWER!
do you think that a small business will need a business plan to be successful in the future? Justify your answer.

(I need some points, please help me.)

Answer 1

Hello, your answer is below!

I happened to be a business consultant outside of answering on this site, so here is how I can answer this! Hope it helps!

In its most basic form, a business plan explains where you want your startup to go in a certain time frame and how you intend to get there. A business plan is just as vital for starting a company as blueprints are for building a house. Extensive research (online or in libraries) can assist you in answering concerns regarding price structure, sales, funding, and other difficulties that may arise throughout the planning phase. One fascinating thing you'll find is that when drafting a business plan, you'll come across critical challenges that you would not have considered otherwise.  One crucial piece of advice we have for all startup entrepreneurs is to "create your business plan" yourself rather than outsourcing it to professionals. The process of creating a business strategy is far more significant than the finished product. You may utilize tools like Business Plan Pro or create a structured business plan in the right style. Your bank manager, business advisory groups, alternative financing sources, and even friends and coworkers who will be operating the firm and using your plan on a regular basis may study your business plan. As a result, ensure that your strategy is comprehensive, transparent, and well-structured for everyone to grasp.

- ROR

Answer 2

Answer:

Yes, I think small businesses need a business plan to succeed in the future. Every individual who plans before doing something wisely as the saying goes "think before act". There are a lot of people out there who don’t plan their business and end up with huge losses. While for people who plan before starting their business are people who reap huge profits. This factor is because business is not an easy thing to do. Must be wise to manage what content in the business that needs to be emphasized such as selling various types of clothing or jewelry so that we can know the income we can get each month and whether what we plan is detrimental or beneficial to us. But, not necessarily the person who plans will continue to succeed without working hard because everyone has various challenges in life.

(I hope this can helps you E-)