MANAGEMENT

Detailed explanation-1: -A business plan is a document that defines in detail a company’s objectives and how it plans to achieve its goals. A business plan lays out a written road map for the firm from marketing, financial, and operational standpoints.

Detailed explanation-2: -Explanation: A business plan could be described as a narrative description of a new business because it outlines the new business’s objectives, and how it will achieve them.

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: -A business plan is a written narrative that describes what a new business intends to accomplish and how it wants to achieve it. For most new ventures, the business plan is a dual-purpose document used both inside and outside the firm.