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...Definition of a business plan set documents prepared by firm s management to summarize its operational and financial objectives for the near future usually one three years show how they will be achieved it serves as blueprint guide policies strategies is continually modified conditions change new opportunities or threats emerge read more http www businessdictionary com html benefits having aids in obtaining financing motivates sets sense direction measure performance can used key elements executive summary an overview purpose points document readers saving them time preparing upcoming content description name location nature product legal structure mission statement...