Answer to Question #252579 in Economics for Kutani

Question

Design a plan for your own start up and mention it's financial aspects

Answer 1

A business plan is a written document that describes in detail how a business—usually a startup—defines its objectives and how it is to go about achieving its goals. A business plan lays out a written roadmap for the firm from marketing, financial, and operational standpoints.

A financial plan is simply an overview of your current business financials and projections for growth.