Business plan and enterpreneurship

Abstract

The main purpose of this thesis is to study the multidimensional phenomenon of entrepreneurship and to prove the importance of a business plan for successful entrepreneurial activities. The thesis is mainly divided into a theoretical and practical section. One part of the theoretical section is focused on the definition of entrepreneurship according to literature, drivers of entrepreneurship and what makes an entrepreneur successful. Why entrepreneurship plays a great role to economic development of countries, it is a question that will be answered. The theoretical analysis is extended with the business plan analysis section. Why the composition of a business plan is so important for successful entrepreneurs, which are the critical functions that it offers, which is its process as well as it mainly components, are the core elements of this section. After the theoretical analysis, the practical section follows. The case study to be examined is the Business Plan of Transport for London. The information as well as the arithmetic data which will be used in this section are based on the published Business Plan of Transport for London(2016 a). Last, the basic results of this case study are presented.