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Some tips to help you during the Start-up stage of your new business. A Business Plan is a written document that describes a business, its objectives, strategies, the market it operates in and realistic financial forecasts. A business plan has many important uses from proving the viability of your business, to securing funding and measuring success. Your business plan should be continually updated as the business evolves. You may need to share your business plan with potential investors, grant providers and business partners. The Business Planning Process Various research shows that entrepreneurs who use a business planning process are twice as likely to be successful in getting a business started than those without. Write your business plan.
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