Business Plans Implrtance

Today I learned that business plans are very important for your success in entrepreneurship. Without it you're less likely to get an investor or getting a loan from any one. Most investors want to see your plan for your business, like how you intend to make money and how you intend to pay them back or what you plan on doing with you company. A business plan will give the investors an idea of. What kind of company you are running and if it will be worth their time and money to invest in you and your company. If you are going in the wrong direction they will simply tell you no and go on their merry way.