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Business plans
What is a business plan and why is it important?
A business plan is a written document that outlines the goals, strategies, and financial projections for a business. It is important as it provides a roadmap for the business, helps secure funding, and guides decision-makingfor future operations.
What are the key components of a business plan?
Key components of a business plan include an executive summary, company description, market analysis, organization structure, product/service details, marketing strategy, financial projections, and implementation timeline.
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