A document specifying the business details prepared by an entrepreneur prior to opening a new business is known as a business plan.

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A business plan is a written document that outlines a company's goals and strategies for achieving those goals. It typically includes information on the company's products or services, target market, marketing and sales strategies, financial projections, and management team. It is an essential tool for entrepreneurs starting a new business, as it helps them to define their objectives, identify potential challenges, and create a roadmap for success.

A Document Specifying the Business Details Prepared by an Entrepreneur