Page 5 - MAC4861_2 Finance class slides part 2 - 5. Business Plans And Financial Proposals (UNISA)
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BUSINESS PLANS AND FINANCIAL PROPOSALS



            Overview








            • The idea for a start-up business entity often sees

                the light on the back of a napkin.




            • Likewise, new growth ideas for an existing business

                are often born through informal discussion. But


                ideas are useless unless put into action.



            • A business plan represents the detailed, long-term


                roadmap                    whereby                    these               ideas              could              be


                implemented.



            • A related but separate document is the financial

                proposal.




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