The primary reason an entrepreneur writes a business plan is to acquire funding from a bank,an angel investor,a venture capitalist,or the financial markets.

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While a business plan can certainly be used to acquire funding from various sources, it also serves as a roadmap for the entrepreneur's vision and strategies for the business. A business plan provides guidance and structure for the entrepreneur to follow and helps to communicate the business concept to potential partners, employees, and customers. Therefore, the primary reason for writing a business plan is not just to acquire funding, but also to ensure the success of the business.

The Primary Reason an Entrepreneur Writes a Business Plan Is