ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Executive summary
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company description
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Market analysis
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Financial plan
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Detailed explanation-1: -The executive summary is the first and one of the most critical parts of a business plan. This summary provides an overview of the business plan as a whole and highlights what the business plan will cover.
Detailed explanation-2: -“The executive summary of a business plan is designed to capture the reader’s attention and briefly explain your business, the problem you are solving, the target audience, and key financial information, ‘’ Ross Kimbarovsky, CEO and founder of Crowdspring, told Business News Daily.
Detailed explanation-3: -Key lessons on the 4 key components of a business plan The executive summary, marketing plan, key management bios, and financial plan business plan sections are critical and should be included in all business plans. Additional sections can be added to these four when targeting specific purposes and audiences.