Business plan is the blue print for a proposed business. A perfect business plan is designed by taking your vision, potentials, situation and limitations into account and the ways which will lead you to reach your goals. It is essential for accurate assessment for companies help achieve a fruitful direction keeping in mind the roads with obstacles.
Business plan can be very simple with clear focus instead of a complex one. A good business plan should contain market analysis, competitive analysis, management structure, product or service detailing, marketing plan, sales strategy, business forecast, requirement of funding, etc and exit strategy in some cases.
Thinking about a startup, then think of a business plan and BizChanakya