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| Business plans are documents that contain a great deal of information about a company. A business plan can summarize the objectives of a company and outline how those objectives will be met. Business plans often include financial projections, marketing plans, and information about a company’s competitors. The executive summary of the business plan summarizes the entire document using key points from each section. Business plans can serve several purposes. One of the most common purposes is in generating funding for a company. Venture capitalists will request a business plan before deciding to back a firm financially. Business plans can also be used by business owners as a guide to running their businesses. |
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