The fact that a bank or lending institution requires a well-executed business plan is a secondary consideration. The primary purpose of the business plan is to guide the owner or manager in successfully operating the business. Preparing the plan forces the writer to consider all aspects of the business and to confront any problems the plan highlights. For example, a monthly compilation of all known costs, over time, will indicate the revenue necessary to support these costs, plus a profit. This leads to the question of whether or not this revenue number is reasonable. If not, it may cast doubt on the viability of the venture itself. The business plan is a vital management tool that enables the manager to anticipate situations before they become problems—or worse yet, emergencies.
Skills Startup StrategyQualifications :- High School - SLV, College/University - Graphic Era Deemed Univ University,
I started my Professional Journey in 2006 with one of the Web Development Company in Bangalore and my 1st framework was "Ruby on Rail" as Web development and delivered around 5+ Projects using this platform. Then came another dimension as JEE/Sturst framework, Gradually I realized that I want to build something on my own and give my passion and energy on creating something different a