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Explain in a sentence or two, each of the elements
of a Business Plan and why it is necessary
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Answer / skanda
Business Plan normally includes Product, Price, Promotion and Place.
Deciding on these 4 p's backed up by market research and Financial Planning (Sourcing and Investment decisions, Projected CashFlows).
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Answer / zaahedkhan
business plan includes all aspects of your business
including business name , your industry your product , your
targeted customers , your sales plan , your forecasted
target etc
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