Question
How is organizational plan useful to an entrepreneur?

Answer

The organizational plan helps the entrepreneur to carefully evaluate and decide that legal structure for his organization that could affect:
  1. Long term effectiveness of the enterprise, and.
  2. Profitability.
  3. Specifying the types of skills needed and the roles that must be filled by the members.
  4. The enterprise's formal organisation.
  5. The attitudes, behaviours, dress, communication styles, etc., thus chalking out informal organisation or culture.

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