ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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functional business plan, full business plan and feasibility plan
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summary business plan, contingency plan, and full business plan
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opportunity plan, feasibility plan, and full business plan
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summary business plan, full business plan, and operational business plan
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Detailed explanation-1: -A full business plan is a detailed account, typically 25-35 pages, of the summary business plan and includes financial forecasts and completed research. An operation business plan is specific to a unit or function in the business and explains how that unit supports the organization in its role.
Detailed explanation-2: -Step 3: Develop a plan Then set goals to maximise your strengths, correct your weaknesses, make the most of your opportunities and nullify your threats.
Detailed explanation-3: -Why do you need a business plan? Without a business plan, it’s practically impossible to reach your goals. Step One: What are you selling? Step Two: Who are you selling it to? Step Three: How are you going to sell it? Putting It All Together.