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BUSINESS PLAN COMPULSORY Business management background Financial statements/forecast for at least 3 years Company documents /FICA documents Photographs/Artist impression of shop layout Type of business/Products

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What is business plan compulsary?

A business plan is compulsory because it outlines the goals and strategies of a business, helping to guide decision-making and attract investors.

Who is required to file business plan compulsary?

Business owners, entrepreneurs, and anyone seeking financing or investment for their business are required to file a business plan.

How to fill out business plan compulsary?

To fill out a business plan, one must include sections such as executive summary, company description, market analysis, organization and management, product line or services, marketing and sales strategies, funding request, financial projections, and appendix.

What is the purpose of business plan compulsary?

The purpose of a business plan is to provide a roadmap for the business, outlining its goals and strategies for success.

What information must be reported on business plan compulsary?

Information such as company description, market analysis, marketing and sales strategies, financial projections, and funding request must be reported on a business plan.

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