1.To avoid silly mistakes
2.It defines and focus business objectives and goals
3.As a tool for fundraising, marketing, monitoring, evaluation, staffing
4.To be realistic on our intentions
5.To clearly communicate your vision/ ideas to other within and outside.
sharon kalunda answered the question on April 16, 2019 at 14:41
- Describe the components of planning function.(Solved)
Describe the components of planning function.
Date posted: April 16, 2019. Answers (1)
- Give advantages of using finance from institutional investors.(Solved)
Give advantages of using finance from institutional investors.
Date posted: April 16, 2019. Answers (1)
- State the disadvantages of using hire purchase as a source of finance.(Solved)
State the disadvantages of using hire purchase as a source of finance.
Date posted: April 16, 2019. Answers (1)
- State the advantages of using hire purchase as a source of finance.(Solved)
State the advantages of using hire purchase as a source of finance.
Date posted: April 16, 2019. Answers (1)
- Outline the conditions under which Hire Purchase is an ideal source of finance.(Solved)
Outline the conditions under which Hire Purchase is an ideal source of finance.
Date posted: April 16, 2019. Answers (1)
- State the disadvantages of using sale and lease back.(Solved)
State the disadvantages of using sale and lease back.
Date posted: April 16, 2019. Answers (1)
- State the advantages of using Sale and Lease Back.(Solved)
State the advantages of using Sale and Lease Back.
Date posted: April 16, 2019. Answers (1)
- Give the differences between invoice discounting and factoring.(Solved)
Give the differences between invoice discounting and factoring.
Date posted: April 16, 2019. Answers (1)
- Highlight the similarities between invoice discounting and factoring.(Solved)
Highlight the similarities between invoice discounting and factoring.
Date posted: April 16, 2019. Answers (1)
- What are the disadvantages of using Invoice discounting as a source of finance?(Solved)
What are the disadvantages of using Invoice discounting as a source of finance?
Date posted: April 16, 2019. Answers (1)
- Highlight the advantages of using invoice discounting as a source of finance.(Solved)
Highlight the advantages of using invoice discounting as a source of finance.
Date posted: April 16, 2019. Answers (1)
- Outline the disadvantages of promissory note.(Solved)
Outline the disadvantages of promissory note.
Date posted: April 16, 2019. Answers (1)
- Highlight the disadvantages (limitations) of using Trade Credit.(Solved)
Highlight the disadvantages (limitations) of using Trade Credit.
Date posted: April 16, 2019. Answers (1)
- Give the reasons why trade credit is popular in Kenya.(Solved)
Give the reasons why trade credit is popular in Kenya.
Date posted: April 16, 2019. Answers (1)
- Discuss the classifications of debt Finance.(Solved)
Discuss the classifications of debt Finance.
Date posted: April 16, 2019. Answers (1)
- Outline the similarities between Ordinary and Preference Shares Capital(Solved)
Outline the similarities between Ordinary and Preference Shares Capital.
Date posted: April 16, 2019. Answers (1)
- Highlight the roles played by the Government in Promoting business incubation.(Solved)
Highlight the roles played by the Government in Promoting business incubation.
Date posted: April 16, 2019. Answers (1)
- State the Benefits of business Incubation.(Solved)
State the Benefits of business Incubation.
Date posted: April 16, 2019. Answers (1)
- Outline the main causes of business Incubation.(Solved)
Outline the main causes of business Incubation.
Date posted: April 16, 2019. Answers (1)
- The Importance of Screening of a business idea.(Solved)
The Importance of Screening of a business idea.
Date posted: April 16, 2019. Answers (1)