The business plan is a formal statement prepared by the entrepreneur which includes General Introduction, Business venture, Production, and Operational Plan.
Business Idea generation is an innovative and creative process. The steps involved are Environment Scanning, Creativity, Brainstorming, and Market.
To start a business from scratch here are the steps Self Discovery, Develop Business Idea, Write a Business Plan, Fund your business, and determine a business.
Each and every person has the potential to grow a successful business. One just needs to understand and discover the right opportunity.
An Entrepreneur is a person who sets up a business or an enterprise. They convert the idea into action, use it as an opportunity, and exploit it.