Tag: Business Plan

Business Plan

Business Plan: Is it a must or a waste of time?

A business plan, also known as a business plan or business project, is a document that explains in an exhaustive and summarized way everything related to the business idea that is intended to be executed. It identifies and analyzes a business opportunity valuing its viability.

For many people it is an essential tool when you want to launch a project, as well as when you are going to launch a new line of business or when the company wants to expand into a new market.

However, business plans also have detractors who argue that its realization is a real waste of time since it is not until when the company begins to function when the future is envisioned and the viability of it.

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Business Plan

Plan of human resources

The human resources plan is another key element that is required in the process of drafting a business plan. As we have written many times in other articles, human resources are a critical element for the birth, development and success of a business idea as representing that element of professionalism essential to achieve excellence goals.

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