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Every business needs a business plan that maps out the process of identifying the target market, attracting interest, gaining customers and retaining them for future sales.
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While it may be tempting to put off, creating a business plan is an essential part of starting your own business. You'll be developing one covering compliance, environmental, financial, operational and reputation risk management. Therefore, it's essential for having a plan for its management. You also need to ensure that you can take phone calls from clients when they need to reach you. Preparing a financial plan for your business is important if you plan to pursue business finance options such as loans, according to inc.
You'll be developing one covering compliance, environmental, financial, operational and reputation risk management.
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