explain, why business plan is important for an entrepreneur ?
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Step by step
Solved in 3 steps
- Why a Business Plan is Important?Identify and illustrate four main differences between a business model and a business plan using examples from a real-life start-up.With the aid of practical examples from an identified start-up, identify and explain 4 major differences between a business model and a business plan.
- with the aid of practical examples from an identified start up, identify and explain 4 major differrences between a business model and a business plan.What two factors determine which type of business plan should be prepared?List and describe the two options a business owner can choose when writing a business plan.