Writing a business plan can ensure that you ________.

Question

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Writing a business plan helps entrepreneurs to figure out how to make their business work by identifying potential opportunities and challenges, developing strategies and tactics, and setting clear goals and objectives. It also helps entrepreneurs to communicate their vision and value proposition to stakeholders, including investors, lenders, and customers. While a well-written business plan can increase the chances of achieving expense projections, making a profit, and meeting revenue goals, it does not guarantee success or eliminate the risk of failure.

Writing a Business Plan Can Ensure That You ________