Question

P4. Review the plan with others in order to identify and inform improvements.

- Review your plans with business owner

. Show evidence by using meeting minutes

. A new business plan that has been reviewed

I need at least 3 paragraphs

Answer 1

A business plan simply refers to a written document that describes the activities and objectives of a business.

Your information is incomplete. Therefore, an overview will be given. It should be noted that once one has completed a business plan, entrepreneurs usually wonder if it's ready to present a financing source.

Therefore, the following are the ways to review the business plan:

• Read the plan at least twice.
• Think like an investor.
• Also, one should analyze the benefits of the products.

• One should evaluate the management team.
• The assumptions for the final projections should be checked.

In conclusion, a good business plan must have an executive summary, marketing strategies, and a budget.

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