The most important step in the process of starting a business is creating a business plan—a document that identifies a company’s goals and explains how they’ll be achieved.
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- When you are starting a small business, you should write a business plan. Writing a business plan is the most important 1_______. This is how people will think about your business. When you 2_________ support from a bank, the bank will read your plan seriously before it gives you any help. Even if you’re starting the business with 3_______, you will still need to have a written plan to help 4_______ your business. The marketing plan is the important part of a business plan to sell the products or 5_______.
- Establishing business relations is usually the first step for a company to do business, and it is very important either for a new firm or an old one.
- A business plan: A: Means having a good business idea, like e.g. Starbucks or Nike; B: Refers to the initial phase: asking yourself questions before you start a company; C: Is a paper about the goals of your proposed business and how to achieve it; D: Refers to the phase of actually buying an existing business: how to do that.
- What is the first step in starting a small business? The first step is to have _________ideas.
- M: How about the company’s business plan for next yearW: It’s still being discussed at the board meeting. What can we learn about the business plan from the conversation?() A: It will be revised B: It has been canceled C: It will be approved D: It is under discussion