Promoters and shareholders are important stakeholders in a company, but their roles and values are distinct. Here's a brief overview of each:Promoters:
Promoters are individuals or entities responsible for establishing and starting a company. They are often the founders or initial investors who take the initiative to conceptualize the business idea, provide the initial capital, and lay the foundation for the company's operations. Promoters play a crucial role in bringing the company into existence and driving its growth.Values of Promoters:Entrepreneurial Vision: Promoters have a vision for the company's future and are driven by their entrepreneurial spirit to turn that vision into reality.Risk and Investment: Promoters invest their own funds and take on significant financial risks to start and establish the company.Leadership: Promoters often hold key leadership positions in the company and play a hands-on role in shaping its strategies and direction.Commitment: Promoters are deeply committed to the success of the company and its long-term growth.Long-Term Perspective: Promoters typically have a long-term perspective and are focused on building a sustainable business that can thrive over time.
Explanation: a business plan is simply a list that helps you complete your projects at particular time