- Annette B Haag: Drug Delivery Systems DIvision, #M, Northridge, CA 91324, USA. ahaag@mmm.com
In creating and building a business, the entrepreneur assumes all the responsibilities for development and management, as well as the risks and rewards. Many businesses do not survive because business owners fail to develop an effective plan. The business plan focuses on major areas of concern and their contribution to the success of a new business. The finished plan communicates the product or service to others and provides the basis for the financial proposal.