A plan describing how a new business will actually operate and how it will make a profit is known as

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A business model outlines how a business will operate, generate revenue and make a profit. It includes details such as the target market, revenue streams, cost structure, key resources and activities, as well as partnerships and distribution channels. A cash flow statement and proforma income statement are financial statements that are part of a business plan, while a persuasion plan and policy capturing are not related to the operational and financial aspects of a new business.

A Plan Describing How a New Business Will Actually Operate