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- In business, a plan is a summary document that outlines how and why a new business is being created1. It is a document that summarizes the operational and financial objectives of a business, and is a business's road map to success with detailed plans and budgets that show how the objectives will be realized2. A company's business plan is a set of decisions about how to do something in the future3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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.corporatefinanceinstitute.com/resources/commerci…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.www.thebalancemoney.com/business-plan-2947267a set of decisions about how to do something in the future: a company's business plandictionary.cambridge.org/dictionary/english/plan
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