The result of this process is a business plan that serves as a guide for management to run the company. Describing the most critical tasks that must be completed and the time frame for completion, a business plan allows companies to allocate resources to accomplish goals.

Business plan resources

A) Physical resources, such as row material, bulildings, vehicles transportation, storage facility, machines and factory.

B) Human resources, or staff, such as a talented engineer or marketing experts.

C) Intellectual resources, such as your brand, patents, copyrights, partnerships and customer databases.

D) Before going into business, an entrepreneur needs