Question

What does a Business plan must define?

Answer 1

Answer:

Definition: A written document describing the nature of the business, the sales and marketing strategy, and the financial background, and containing a projected profit and loss statement. A business plan is also a road map that provides directions so a business can plan its future and helps it avoid bumps in the road.

Explanation:

Additional Information:-

To write a business plan you can use, however, it is necessary for you to understand the main purposes of one.

•Maintaining Business Focus. ...

•Securing Outside Financing. ...

•Fueling Ambitions and Mapping Growth. ...

•Enlightening Executive Talent.

HOPE THIS ANSWER SATISFIES YOU AND YOUR QUESTION.