SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard

What is a business plan? – INFORMATION 06.02.24

Planning is the first stage in business. One of the crucial steps at this stage is the development of a business plan. A business plan is a document outlining the strategy of a business entity, financial forecasts for a specific time frame. Put another way, it is a concise and clear overview of the intended business and how it will be accomplished. A business plan is primarily divided into two sections: a business overview and a financial plan, each of which contains multiple sub-sections. A business plan is crucial to establish a robust, competitive and profitable business, as well as to ensure the continuous and sustainable growth. A professionally developed business plan allows you to gain the trust of investors and credit organizations, make effective strategic decisions, predict outcomes, and identify risks.