This is also happen in business. Business without planning will not get profit but maybe will loss much money in short time and confiscating your time and effort.
A business plan is a short brief that explains how a business driver (like an entrepreneur marketer or director) plans to order an enterprising effort that carries out the actions that are necessary in order for the effort to gain success in their subject . Fundamentally, a business plan is the written description of a business model which will be done in next step. In other word is managing what the entrepreneurs must do in their subject of business.
From the statement above, business plan consist of the company background, the business appliances, number of targeted market and etc.
In my posting before about ( ) the plan in business is also the list of what the company does in future. The better prediction and purpose will make good effect in their business.
In a complex company, the business plan also detail about their marketing strategies, environment, their competitors, and the quality of product they offer. Usually, in big enterprise, management of each subject must be done by qualified people in business, so they will not loss their consumer.
Maybe there is any question like this, “That all about big entrepreneur or great business company, and how about “newbie” or individual businessman like us? Does it has the same effect if we do it in our individual business?”.. And the answer is absolutely “Yes”.
We can implement their way of business, we can learn from their strategy for success. No matter you are newbie or an expert in business. So, make the list of what we must do in business, create a good plan which you think you can do it well. Business plan will decide our way in the future, success or not. Without any planning, we will not get any result in every subject we do.