To a large extent, the success of a business depends on a carefully thought-out idea that has been analyzed and recorded in a document. If the entrepreneur does not take into account the risks and does not identify the prospects for the development of the organization, he may suffer losses.
Objectives of the business plan
Assessment and analysis of future project development prospects. At the stage of formation, the idea may seem profitable, but during a careful analysis of the risks, the project turns out to be unprofitable.
Persuasion of investors who are ready to invest.
Admission to receiving subsidies and state support, say, grants.