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The necessity for business plan for existing companies arises when it’s looking in for either expansion of existing business by raising funds from investors or if it’s in planning process of diversifying the business which can be from its existing industry segment or altogether a different industry segment.

Business plan plays a vital role for existing companies as the investors expect lot of information about existing business its performance and giving clarity of funds required and the purpose of deployment. It also helps in giving clarity with regard to valuations and dilution of equity required and lot of clarity on equities which are crucial and being owner / Partner / Managing Director you need to know about it.