Which of the following is one of the three functions of a business plan

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Public budgeting is a field of public administration and a discipline in the academic study thereof. Budgeting is characterized by its approaches, functions, formation, and type. Authors Robert W. Smith and Thomas D. Lynch describe public budgeting through four perspectives.
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A business plan can help you to define and classify the goals you have for your business. Devoid of fluff, a business plan is a business document that is written for a variety of audiences. You might send your business plan to investors or it might be written for the benefit of your employees. Generally, the audience should have no bearing on the content.
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You may think this is normal for a first time entrepreneurial adventure. But what if I told you that Carl has started many companies in his year tenure as an entrepreneur? And with all the companies Carl started, none of them have ever exceeded revenues of a million dollars. Many of them failed and Carl was forced to shut them down within the first year of business. What it means is Carl did not understand the purpose and the value in creating a business plan.
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As a business owner, how you manage your company is the key to its success. Managing a small business can include everything from securing that loan you need to buy new equipment to training new employees. But if growth is what you want, strategic management is what you have to do. Since the function of strategic management is to provide a road map for the achievement of goals, the process starts with strategic analysis and planning. It doesn't end, ever.
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