Do you have to create a business plan before starting the actual business?

Do you have to create a business plan before starting the actual business?

  • Answer:

    yes, you have to create a business plan before starting the actual business. check best location for your business and check the competition of your business stuff and competitors around your business location. http://www.printingfairy.com

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yes, you have to create a business plan before starting the actual business. check best location for your business and check the competition of your business stuff and competitors around your business location. http://www.printingfairy.com

Apart from lending institutions maybe wanting one, putting your plans on paper will make you look more objectively at what you're planning to do in the both the short term and long term. There are templates available to help you - just google for them.

Neil

Legally? No. If you plan on borrowing money from a bank, yes. If you plan on being successful? Yes.

Steve D

I think so and I think it is necessary.

Philips

Apart from lending institutions maybe wanting one, putting your plans on paper will make you look more objectively at what you're planning to do in the both the short term and long term. There are templates available to help you - just google for them.

Neil

Legally? No. If you plan on borrowing money from a bank, yes. If you plan on being successful? Yes.

Steve D

I think so and I think it is necessary.

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