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To be successful in starting a new business or even adding a change to an existing one, the most important thing you must have, is a business plan. Your business plan is the base structure around how you will manage your fledgling business, it directs you in what you need to do to ensure your business thrives. Business plans are made up of several key components, which determine the likelihood of the business making money. This paper explains 7 steps to give you a basic understanding of what your business plan should contain.
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