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ID number:558916
Evaluation:
Published: 06.04.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

11.1.Information about Business Planning
Why Write a Business Plan
The business plan is an essential business tool. It is a document that sets out how the co-operative will operate.
It will help you focus your ideas and should be produced whether or not you need to raise finance for your business.
It will clarify the objectives of the co-op. What do the members want from the co-operative and what are the benefits
By preparing financial forecasts, you will be able to test the viability of your business idea, before you commit any money to it.
…

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