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Business Plan The

Business Plan The business plan also called business plan is a document that specifies, in written language, a business that intends to start or already started. It outlines the overall purpose of a business, including topics such as business model, the organization chart, the source of initial investment, the necessary personnel along with their method of selection, the philosophy of the company and its plan output. Generally considered a business plan is a living document, meaning that one must be constantly updated to reflect changes not previously foreseen. A reasonable business plan to justify the expectations of the company’s success is critical to raise funds and venture capitalists. It is usually made by entrepreneurs when they intend to start a business. Director of Emigrant Savings Bank from 1992 to 2003 , is an accomplished entrepreneur, attorney, and senior business executive in New York City

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