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business plan

1 of 1noun
/ˈbɪznəs plæn/
Forms:business plans
1

‌a document that says what goals a company has for the future and how they could be achieved

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  • Before launching their startup, they developed a comprehensive business plan to present to investors.
  • The business plan highlighted the company's unique selling proposition and target market.
  • As part of the entrepreneurship course, students were required to create a business plan for a hypothetical business.
  • The bank required a detailed business plan before approving the loan for the expansion project.
  • The business plan served as a roadmap for the company's growth and development over the next five years.