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The Goals of the Business Plan Process

In: How to Create a Successful Business Plan For Entrepreneurs, Scientists, Managers and Students

Author

Listed:
  • Dan Galai
  • Lior Hillel
  • Daphna Wiener

Abstract

What is the primary objective of the business plan process? Entrepreneurs may often be under the impression that the business plan is basically a presentation tool for attracting outside investors and partners or developing marketing channels. As we stated in Chapter 1, these are certainly primary functions of a business plan, and a business plan will contribute tremendously to developing ties with investors, banks and business partners…

Suggested Citation

  • Dan Galai & Lior Hillel & Daphna Wiener, 2016. "The Goals of the Business Plan Process," World Scientific Book Chapters, in: How to Create a Successful Business Plan For Entrepreneurs, Scientists, Managers and Students, chapter 2, pages 7-18, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814651523_0002
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    More about this item

    Keywords

    Business Plan; Entrepreneurship; Budgeting; Financial Plan; Marketing Plan; Production Plan; R&D Plan; Business Strategy;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production

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