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  1. A business plan is a summary document that outlines how and why a new business is being created. New entrepreneurial ventures must prepare formal written documents to outline their long-term objectives and the means to be employed to reach said objectives.
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    A business plan is a document that summarizes the operational and financial objectives of a business. It is a business's road map to success with detailed plans and budgets that show how the objectives will be realized.
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    a set of decisions about how to do something in the future: a company's business plan
    dictionary.cambridge.org/dictionary/english/plan
     
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