the ability to recognize the need for a business, Business Management

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the ability to recognize the need for a business

The ability to recognize the need for a business plan is now widely regarded as a sign of both business maturity and the likelihood of survival.

(a) Discuss the benefits that can be obtained with the preparation of a business plan.

(b) A proper business plan needs to consist of a number of essential characteristics and components. Explain briefly what these characteristics and components are, highlighting their importance.

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Business Management: the ability to recognize the need for a business

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Business Management: the ability to recognize the need for a business

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