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Business Plan: The map of a business
A business plan is like a map of a business. It outlines the company, what it plans to sell, who it intends to sell to, how much money it might spend and make, and more. It’s an essential document that can help guide the business and show others its plans. Let’s break down some of these elements. The ‘Idea’ is what the business is about – what problem it’s solving or what product it sells. ‘Sales‘ are about how the ...