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Narelle Blackadder

What is the purpose of a business plan?



a tree with business plans
There are different business plans depending on the business

Writing a business plan for a new business can be a challenging task, but it can also help you to clarify your vision, goals, and strategies for success. A business plan is a document that describes the important parts of your business, and how you plan to run it. It can also help you to attract investors. There are different types of business plans, depending on the purpose. For example, a simple business plan might be suitable for a small or home-based business, while a detailed business plan might be required for a larger or more complex business.

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