Why is a growth plan important to include in a business plan?

Growth plan is important for a business plan to plan the assets it needs to have and have a risk goal and plan.

Explanation:

Growth plans are important for any business plan as they are supposed to anticipate the changes in market and the business' market share as well as how it can grow with or against the trend of the market that is then computed with the possibility of risk factors that come with this.

The growth plan is a projection for where the company wants to take the business which has an integral potion in any business that is looking to be successful.