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Discussing a business plan.
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| Submitted: Fri Oct 10 2003
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Discussing a business plan I have chosen a small corner shop as an example of a business. Which, I hope to relate to throughout this essay. Whilst discussing the importance of having a business plan. I will try and consider both the advantages and disadvantages of various issues about a business plan. One use of a business plan is that it states the legal description of the business. Outlining what type of business it is and if it is one of the following : sole trader, partnership, LTD or PLC. My corner shop, would be a sole trader. This is due to the fact that the business will be set up in my own name. I will be running the business and will be working for myself. Although in some cases, sole traders do hire other people to help them out but they remain responsible for the overall business and are...
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