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Part: two Analysis Tools > Analysis Tool #5: Business Plan Analysis

Chapter 8. Analysis Tool #5: Business Plan Analysis

If you were considering buying a local business, say a bicycle shop, would you base your purchase decision entirely on how much money the seller said he or she made last year or on the seller's profit forecast for this year?

I'll bet not. Instead, you'd probably want to know where the shop gets its bicycles, how much it pays, and whether the competition is paying the same prices.


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