A detailed written statement that describes the nature of the business,the target market,the firm's competitive advantages,as well as the resources and qualifications of the owner(s)is a(n):

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A business plan is a comprehensive document that covers all aspects of a business, including the nature of the business, target market, competitive advantages, resources and qualifications of the owner(s), financial projections, and more. It is a roadmap for the entrepreneur to follow, and often serves as a tool for seeking investors or loans.

A Detailed Written Statement That Describes the Nature of the Business,the