a. To avoid mistakes
b. To identify strengths and weaknesses
c. It could be required by the financiers
d. To determine the amount of finance required
e. To have the right allocation of resources
f. It could be a motivational factor
g. It could be for the business to be adapted.
-It is used to justify the decisions and actions
-It is used as a blue print
-It is used as financing tool
-It is used to avoid panic and uncertainty in the process of starting a business
-It is used as a tool to seek for and raise funds
-It is used as a tool for testing the dreams and ideas of the entrepreneur
joseph rimiru answered the question on November 22, 2017 at 19:44
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