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What is business?

Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality of life for people and create a higher standard of living.

It is a way for individuals to provide goods and services to consumers, and at the same time, produce a profit for themselves. Businesses are not only important because they provide goods and services for consumers, but they also improve the economy and increase the jobs for people within society which is an additional fact producing a higher standard for living.

The Importance of Business Plan.

When it comes to starting a business it is important to have business plan. The value of business plan is important in the start up of an organization. The value of proper business plan in an organization can determine if the organization will withstand over of time or for years to come for that matter. In implementing a proper business plan, proper planning is  itself is important and valuable to the process. Planning help in ensuring that the organization can withstand and remain as an essential asset to needs of the community and helps him providing an impact on the city tax base. A valuable business plan can also allow the company to look at ahead at its projected profits and loss to be able to give their shareholders the return short range planning is for the company to have goals that will be rewarding and easy to obtain.

Long range planning for the most part seems to be more difficult to adjust and is often times less rewarding. when external environments are frequently changing management with staff need to ask how to develop plan of action that will remain relevant. Planning should be no less important in such a forever envolving environment it needs to be more important .

roper business plan in an organization can determine if the organization will withstand over of time or for years to come for that matter. In implementing a proper business plan, proper planning is  itself is important and valuable to the process. Planning help in ensuring that the organization can withstand and remain as an essential asset to needs of the community and helps him providing an impact on the city tax base. A valuable business plan can also allow the company to look at ahead at its projected profits and loss to be able to give their shareholders the return short range planning is for the company to have goals that will be rewarding and easy to obtain.