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What is the best way to write a business plan?
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The best way to write a business plan is to create an outline of the key topics and goals of the business. Include a comprehensive analysis of the industry and the potential market, a detailed description of the business’s products and services, an explanation of the management team’s business qualifications, estimated costs, financial projections and methods of financing the business, and a description of the competitive advantage. As you create the plan, focus on presenting key information clearly and succinctly and use visuals and charts to demonstrate key facts and figures. A well-thought-out business plan can help you to test the feasibility of your business idea and secure investors.