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Questions and Answers
What is the purpose of a business plan?
What is the purpose of a business plan?
When is a business plan considered a necessity?
When is a business plan considered a necessity?
What does a feasibility plan evaluate?
What does a feasibility plan evaluate?
When is an expansion plan primarily framed?
When is an expansion plan primarily framed?
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What does an operational plan detail?
What does an operational plan detail?
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Business plans are only beneficial for startups, not for well-established companies.
Business plans are only beneficial for startups, not for well-established companies.
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A feasibility plan evaluates the prospective customers of the products or services a company plans to produce.
A feasibility plan evaluates the prospective customers of the products or services a company plans to produce.
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An expansion plan is primarily framed when a company decides to downsize in terms of production or structure.
An expansion plan is primarily framed when a company decides to downsize in terms of production or structure.
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An operational plan is also called a quarterly plan.
An operational plan is also called a quarterly plan.
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A business plan precisely defines the proposed business, its goals, and promotes the talents and experience of those involved in the business start-up.
A business plan precisely defines the proposed business, its goals, and promotes the talents and experience of those involved in the business start-up.
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