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It can be used to attract potential investors, educate potential employees, or to help you run your business in a way that will achieve its goals.
Follow these steps to write an effective business plan.
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Sometimes you just need to write a business plan in a jiffy.
You might draft a business proposal in response to a Request for Proposal (RFP), which businesses or government agencies send out when they have a particular problem they need help with.
A business proposal should identify the problem, propose a solution, and explain why you are the best person to solve the problem.