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Business Plan

Business Plan

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Published by mausoomchoudhury

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Categories:Types, Business/Law
Published by: mausoomchoudhury on Jan 13, 2010
Copyright:Attribution Non-commercial

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10/12/2010

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BUSINESS PLAN
 
Creating a Business Plan
 
An entrepreneur’s proposedbusiness venture.
Its operational and financialdetails.
Its marketing opportunities andstrategy.It serves two essential functions:
Guiding the company by chartingits future course and defining itsstrategy for following it.
Attracting lenders and investorswho will provide needed capital.
 
TYPES OF BUSINESSES
 
Sole Proprietorship
 
Partnership Firm
 
Co-operatives
 
Private Limited Company
 
Restricts the rights of members to transfer its shares, if any;
Prohibits any invitation to the public to subscribe for any shares ordebentures of the company;
Does not invite or accept any deposits from persons other than itsmembers, directors or their
relatives
Public Limited Company
 
Its shares are freely transferable;
 There is no ceiling on its membership;
It can invite general public to subscribe to its shares.

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