Start Business Venture based on Action plan

• Strategy: a long-term plan of action to achieve a goal
• Operations: the different activities businesses use to achieve their goals in order to be successful
• Productivity: the effectiveness of production in terms of the rate of output per unit of input.
• Cost-saving: the plans made by the business to cut on the cost/expenses of the business
• Business growth: the expansion of the size of the business
• Risk: a credit provider will always consider how safe their investment will be by looking af factors that will endanger the recovery of the debt.
• Entrepreneurs will not be able to start a business venture without a well-structured business plan and an action plan