Why people in the general and business manager in particular need to plan ahead

Why people in the general and business manager in particular need to plan ahead ? Business plans actually is an important utter work of managers As other tools, this utter requires managers either determine apparent purpose or professional skills Therefore, we would like to offers main reasons as below in order to complete perfect plan Orientation in developing business activities This is the most important part to create business plan This part requires establishing detail strategies and determining resources following order Business plan can’t be lack of process of borrowing loan As investors, owner loans expect to a perfect plan offering important and feasible information Finding investment for business activities A plant without investment could not become reality However, investment without feasible plan could not offer profit Normally, investors would like to consider your plan before making decision In other hand, investors hope to find opportunities to take away loan because of astounding reason Creating new business) In order to create new business, you need a plan to solve problem including what should you do? What so resources support for? What you expect the business ruin? Support for selling products Promotion and developed selling activities play an important role in business plan If partner and customers understand your plan, they could know what you have and offer Sharing business’s target You need to share and explain your business target to managed team and all colleagues Decision buying or renting new property Plan helps you decide long term activities and important segments for business Important transaction happen in which point of time and how long has to take note in plan Developed business requires renting location and new employees Expense in renting location and new employees is one of normal activities in business Therefore, you should have financial plan and spend fixed cost Alteration and movement in business Everything actually could not happen superiorly because of sudden accidents Therefore, our plan is flexible and offer alter solutions LUAN VAN CHAT LUONG download : add luanvanchat@agmail.com 10 Establishing detail target Great management requires detail target In fact, many people create plan without writing However, this way is effective if your business is quite small When business develops, this way prevents you from arranging and order ideal logically At that time, a clear and wide strategy is an intelligent solution What are the side effects of not planning? No connection between members If there is no plan in company management, all departments not have opportunities to discuss, exchange and connect their targets Therefore, business could not get success No overall orientation in business Unless organizing clearly plan, manager does not have overall vision Hence, they face with problem in distributing work, human resources and expense Moreover, company could not determine its major aim leading difficult in offering detail competed methods In addition, manager is hard to point out advantages, disadvantages, opportunities as well as threaten to company Not ensure working time If not plant, it is very difficult to decide important work and deadline of different work Hence, work could not be ensured in both quality and time Difficult to control risk and challenge in business Unless providing clarified schedule, it is difficult to prepare for risk, challenge before it creates inferior results Therefore, creating plan is an important step that could not deficient for any manager and company It influences dramatically into success and future of companies LUAN VAN CHAT LUONG download : add luanvanchat@agmail.com ... have opportunities to discuss, exchange and connect their targets Therefore, business could not get success No overall orientation in business Unless organizing clearly plan, manager does not have... arranging and order ideal logically At that time, a clear and wide strategy is an intelligent solution What are the side effects of not planning? No connection between members If there is no plan in. .. deadline of different work Hence, work could not be ensured in both quality and time Difficult to control risk and challenge in business Unless providing clarified schedule, it is difficult to