Investors generally do not require a business plan before they will invest in a new firm.

Question

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Investors usually require a detailed business plan before making any investment decisions. The plan should include information on the market, competitors, target customers, financial projections, and management team. A well-crafted business plan helps investors assess the risks involved, understand the potential for growth and profitability, and determine whether the investment aligns with their objectives.

Investors Generally Do Not Require a Business Plan Before They