Hi,
A business plan is like the roadmap that has everything mentioned in a document. It includes the details of the business structure, its name, product details, management information, marketing strategy, financial plan, flow of operations, etc. The information provided in the plan has to be based on market research and industry trends. It helps to navigate the business through challenges and create a path that motivates all the employees. It is also helpful in setting KPIs according to the business goals and assessing the performance of the business. It is needed by start-ups and established businesses. I am sharing an article to write it easily.