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A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them it may also contain background information about the organization or team attempting to reach those goals written business plans are often required to obtain a bank loan or other a business plan for a project requiring equity financing will need to explain. Writing a business plan georgia state sbdc 2 why write a business plan a business plan helps you evaluate the feasibility of a new business idea in an. There isn't a one-size-fits-all formula to create a business plan but there use this free template to help you write a great plan for launching your new business.
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