Write a synopsis of your business idea and the important elements/information that should be included in a well thought out business plan.

A convincing business plan will detail the strategy and the future operational plans of an entity. Business plans are an essential part of the start-up information needed for an organization.

In this assignment, you will demonstrate your understanding of the necessary aspects of a professional business plan.

Tasks:

Respond to the following:

  • Write a synopsis of your business idea and the important elements/information that should be included in a well thought out business plan.
  • Discuss how the information should be organized, and who will use the information for decision-making.

In a minimum of 300 words, post your responses using critical thinking and analysis.