Julie Raymond has conducted an opportunity analysis of her proposed new entrepreneurial venture. Based upon this analysis, she believes that her idea is viable. Julie will now proceed to the next step of the planning process for entrepreneurial ventures, that is, a(n)

Question

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After conducting an opportunity analysis and determining that the idea is viable, the next step in the planning process for entrepreneurial ventures is to create a detailed business plan. A business plan outlines the strategy, operations, marketing, and financial aspects of the venture and is essential for securing financing and resources.

Julie Raymond Has Conducted an Opportunity Analysis of Her Proposed