The Social Teacher

                  The business plan is essential in launching a new venture. If anyone wis h to start his/her own venture he/she must have an effective business plan. Business plan is a written document that describes all the relevant external and internal elements involved in starting a new venture. It is like a road map which guides an entrepreneur in every step.          To write an effective business plan is not an easy task. Business plan could take hundreds of hours to prepare, depending on the experience and knowledge of the entrepreneur as well as the purpose it is intended to serve. Business plan should be comprehensive enough to give any potential investor a complete picture and understanding of the new venture. Following are the important ingredients of any business plan – 1- Introductory page- This is the title page that provides a brief su...

                  Many of my blog readers have asked me about the investments, how should they allocate or invest their money? I am still a student and learning all these but I am trying my level best to answer this question. As I always say that investments and savings are very essential and everyone should practice it. Here the main question is “How much to invest/save and where to invest/save?” In my opinion there are 3 types of person in this world- Spend more than they earn Spend all their income and save if there is any balance . Save first then spend the rest                   Type 1 and type 2 belong to unsystematic type of people and most of the time only live by today freely. These types of people should set up a systematic saving program no matter how small the amount might be. Start from a very lit...