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Open business plans[ edit ] Traditionally business plans have been highly confidential and quite limited in audience. In the case of government agencies, external stakeholders would include tax-payers, higher-level government agencies, and international lending bodies such as the IMF, the world bank, various economic agencies of the UN, and development banks.

Who are the company's customers, and how will the company market and sell its products to them? Revising the business plan[ edit ] Cost overruns and revenue shortfalls[ edit ] Cost and revenue estimates are central to any business plan for deciding the viability of the planned venture.

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what is business plan in entrepreneurship

What are the company's historical and projected financial statements? In the case of for-profit entities, external stakeholders would include investors and customers.

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