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what is a business plan

 

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Business Plan

Definition: A business plan is a written document that outlines the goals, strategies, and expected financial outcomes of a business. It serves as a roadmap for the company's future and is typically used to attract investors or secure funding.

Sample Sentence 1 (noun): Before starting a new venture, it is essential to develop a detailed and comprehensive business plan.

Sample Sentence 2 (verb): The entrepreneur diligently planned and business-planned every aspect of his start-up to minimize risks and maximize potential profits.

Sample Sentence 3 (adjective): The investor was impressed by the entrepreneur's well-thought-out and meticulously prepared business plan.

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