Answer:
1. A business plan is a very important and strategic tool for entrepreneurs.
2. A good business plan not only helps entrepreneurs focus on the specific steps necessary for them to make business ideas succeed, but it also helps them to achieve short-term and long-term objectives.
3. Writing a well thought-out and organized business plan dramatically increases your odds of succeeding as an entrepreneur.
4. A good business plan can help: determine whether your business has a chance of making a good profit.
5. To define the organization's long-term goals and objectives.
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