Get premium membership and access revision papers with marking schemes, video lessons and live classes.

Processing. Please wait.

Outline how a business plan is useful to an entrepreneur

Answer Text:
-Can be used to source for finances
-It’s a tool for monitoring progress
-Its used for allocation of resources
-A motivational tool to management and employees
-Can be used to minimize on mistakes
-For identification of strengths and weaknesses
-For adaptability to charges