A business plan is a detailed document that outlines the goals, strategies, and operations of a business. It serves as a roadmap for the company's growth and development, detailing key aspects like the business model, target market, marketing strategy, financial projections, and organizational structure. A well-crafted business plan helps entrepreneurs clarify their vision, secure funding from investors or lenders, and guide decision-making as the business evolves. It is an essential tool for both startups and established businesses seeking to scale or pivot their operations.
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