Five Tips For A Successful Business Plan
A business plan describes short and long-term goals for a business with strategies to achieve them. Some basic components of a good plan include an executive summary, documentation, and well-researched plan of action. Jack Welch significantly grew General Electric in the two decades he was CEO. After retirement, he began a successful business school. His business trajectory reveals the necessity of a solid business plan. Here are five tips for a good business plan: 1. Precise Business Summary The key element of a business plan is a clear summary. The first two pages should have basic details required for the […]
