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Andy Rexfoed

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Submitted By Dreak
Words 856
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Entrepreneurship
Ricdricous Bryant
4/24/2012
Individual PJ Dr. Staci Clarke

Certification of Authorship: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledge and disclosed in this paper. I have also cited any sources from which I used data, ideas, and words, either quoted directly of paraphrased.

Kyle and Chad If you have made the decision to start your own business, one of the first things that you need to do is to work on a business plan. A business plan is so important because it actually serves as a compass for the direction your business will take in the future. Having a plan will also help you achieve the things you want to achieve and will help your business to find success as well. With putting your business plan together the right way you will hopefully be able to see your vision a lot clearly. A great reasons why I think that doing a business plan is important is that it will help you to believe the details of your business and its' future growth. As you are working on your plan, you will probably find that there are many aspects of your new business that you have not considered. Getting started with a business plan will help you to save money and time since you will be able to deal with issues before they become a problem. Another great reason for having a business plan is that it can help you if you are trying to get outside funds for your business. Most lenders and investors want to see that you have a clear business plan before they take a risk on your business. Having a plan already drawn up shows them that you are serious about being successful at your business. If you are going to show your business plan to potential lenders

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