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Chapter 1. Business Plan Basics > What Is a Business Plan?

What Is a Business Plan?

You wouldn't think about hiking into the back woods without a map, compass, food, and clothing. If you're Grizzly Adams or one of those mountain men survival types, you can do it, but why make it hard on yourself? The same goes for business. Writing a business plan can make planning and executing your business idea a lot easier.

Pure and simple, a business plan is two things:


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