INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
Question
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Strategies
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Objectives
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Time Frame
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Target Market
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Detailed explanation-1: -A business plan is an essential written document that provides a description and overview of your company’s future. All businesses should have a business plan. The plan should explain your business strategy and your key goals to get from where you are now to where you want to be in the future.
Detailed explanation-2: -✓ A Business Plan is a document in which a business opportunity, or a business already under way, is identified, described and analyzed, examining its technical, economic and financial feasibility.
Detailed explanation-3: -A business plan is a documented strategy for a business that highlights its goals and its plans for achieving them. It outlines a company’s go-to-market plan, financial projections, market research, business purpose, and mission statement.
Detailed explanation-4: -Business objectives are the specific and measurable results companies hope to maintain as their organization grows. Entrepreneurs and business leaders must track performance in every part of their business to make sure they’re moving in the right direction.