What is Business Requirements?

Business requirements are documented needs of a business that a system or product must fulfill. They describe the 'what' and 'why' of a project, outlining the objectives the project aims to achieve and the conditions it needs to meet. These requirements can be functional (what the system should do) or non-functional (how the system should perform, e.g., security, performance, usability). They are commonly used as the foundation for project planning, design, development, and testing, ensuring that the final product aligns with the business's goals and expectations.