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A business plan is a formal statement of a set of business goals, the reasons these goals are believed attainable and the plan to reach these goals.

Most business owners are too busy running their businesses to sit down and write a business plan, and quite often don’t have any practical experience of writing a business plan.

It’s no secret that the most important part of a business plan is the financials, if these don’t stack up it will put off any investor or lender.