During our continued review of business plans, please consider the value of a business plan as a resource for sustained company operations. Watch the video and answer the questions below.
Video:

Learning Objectives:
To examine and review various types of business plans.
To create a potential business plan that could be used for a new start-up business that could be used in securing financial assistance from external sources.
Prompt:How can a business plan assist with keeping a company on a successful path for continued growth?When might an entrepreneur, business leader, or manager reference a business plan?Conduct a little research on business plans, discuss the design and key components that should be included within a business plan.
Instructions:Your response must be in your own words. Your initial post should be 600 word minimum that reflects research and not opinion.