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What are the best practices for creating a successful business plan?
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The best practices for creating a successful business plan include researching the target market, structuring a plan that is organized and easy to understand, including actionable goals and specific timelines, using data to back up assumptions, and regularly revisiting and revising the plan. Additionally, it is important to focus on the financials to ensure that the goals are achievable and cost-effective, and provide a plan for how the business will grow.