Definition of business plan

Entrepreneurship-and-Communication-Skills-notes

This is a written document justifying the business and gives a step-by-step explanation of how the business will achieve its goals. It summarizes the operational and financial objectives of a business and contains the details, plans and budgets showing how the objectives will be achieved.

A business plan shows a clear picture of what the business is, where it is going and how the entrepreneur proposes to get there.



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