What Is a Business Plan and Its Main Objective?
When you decide to start your own business, it is necessary to understand how you will organize it. And that is the moment when you ask yourself “Do I need a business plan?” To give an answer, we need to understand fully what this definition means.
A business plan is a written document used to describe a proposed venture or idea. It typically includes the current state of a business, future vision for the business, target market analysis and challenges, sales and marketing strategies, and funding requirements to reach stated goals (“Business Plan,” 2009). Continue reading
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