Vasugi Kumar

A simple business plan helps you think through the practicality of your concept by reminding you of your target audience, reflecting your focus, and keeping the statistics in check. New firms are sprouting up overnight as a result of the flood of bright ideas from clever young brains — growing revenue models that were previously unimaginable — finally directed by savvy investors. The trick is to get the ball going immediately and in the proper direction. So, regardless of whether your business concept is a Social Enterprise (For-Profit, For-smart) or anything else, a business plan is a smart approach to establish the idea's viability.