HOW TO PLAN YOUR BUSINESS!!!
" Failing to plan is planning to fail" The above statement shows the importance of planning with regard to success in the field of Management. A plan is essential for success in anything. In Grade 10, you studied how to select a business opportunity through various methods of assessment. Now you should prepare to start up and implement your business. In fact, drawing up a plan to transform a business idea into a real business is a main function of an entrepreneur. This chapter will give you a basic understanding of what business plans are. Before making a business plan, you should study the business environment well. If you prepare your business plan that way, it would guide you to succeed in your business through using limited resources and suitable strategies. If not, you may not achieve your goals and the resources could be wasted as well. Your school is an educational institution where various plans are being implemented. You would have seen the Year Planner in the ma...