Module 3 Activity.docx - Module 3 activity On my part I have had an opportunity to prepare a business plan in numerous cases However I did not follow a

Module 3 Activity.docx - Module 3 activity On my part I...

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Module 3 activity On my part, I have had an opportunity to prepare a business plan in numerous cases. However, I did not follow a specified procedure as outlined in the text, and hence, I would consider what I have done in the past as a rough draft. According to the text, seven steps should be undertaken when preparing a business plan. These include executive summary, business description, market strategies, competitive analysis, design and development plan, operations and management plan, and financial factors. However, having undergone through the course readings, I believe I am better positioned to prepare superior business plans in future. A business plan should be clear yet flexible to allow for changes to be made as prompted by
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