According to a study carried out by Contabilizei , Brazil registered a 7.1% increase in new CNPJs in the first half of 2024. This is the fourth year in a row in which the country has surpassed the mark of 2 million companies opened.
On the other hand, data from Sebrae reveals that 29% of Brazilian companies close within the first five years. One of the determining factors for this result is the lack of a well-structured business plan.
Effective planning brings a series of advantages to business management. In addition, it allows the entrepreneur to improve their ideas and clearly define their objectives and goals. See below for a complete guide on business plans.
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What is a business plan?
A business plan is a document that poland whatsapp number data in detail a company’s objectives , short-term and long-term goals, and the actions needed to achieve them. It includes information such as:
- Market analysis;
- Marketing strategies;
- Organizational structure;
- Financial projections;
- Business viability.
Therefore, it works as a complete map of the company and indicates how it intends to position itself in the market . It also includes what the entrepreneur wants to offer and how he will achieve strategic results.
It is essential for both start-up companies and established businesses. It assists in the decision-making process and resource planning, as well as being an important tool for attracting investors and seeking financing.
How important is a business plan?
Creating a business plan is much more what is the most expensive thing in the world? a simple formality — it is a crucial step in ensuring the success and sustainability of the company.
It is worth noting that carrying out this process before even opening the company is essential , as it allows you to identify opportunities in the market. It also minimizes risks and outlines clear paths for growth.
Check out the main points that make a business plan essential below :
Provides guidance to the entrepreneur
A well-structured plan acts as a strategic cn numbers for the entrepreneur . It provides a clear vision on how to manage the business efficiently.
By identifying strengths, key operations and objectives, it becomes easier to make decisions aligned with established goals. In addition, it helps to anticipate threats, avoid common mistakes and define priorities assertively.
Basically, the business plan works like a compass, guiding the entrepreneur through the vast scenario of the business world and making the journey safer and more precise.