how does a business plan determine the direction of a business

Starting a business can be an exciting and rewarding venture, but it also comes with its fair share of challenges. One of the most crucial aspects of starting a successful business is having a well-crafted business plan. A business plan serves as a roadmap for your business, outlining your goals, strategies, and financial projections. It is a crucial document that determines the direction of your business and can greatly impact its success.

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