What are the elements of a business plan | #Shorts #businessplan #TeacherRK
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A business plan ,is a written document, that describes, in detail how a business going to achieve ,its goals. This document ,is presented to potential investors, and other stakeholders, like government, bank, etc.
Although, there is no universally accepted format, for writing a business plan, a typical business plan, includes:
Executive summary.
Business description.
SWOT analysis.
Marketing plans.
Production
plans.
Human resource
plan,
and
Financial plan.
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Great explanation in brief ❤️