IGBizStudies
Jun 14, 20211 min
Updated: Jun 24, 2021
May/June 2018 Version 12
Notes to help you answer question
What is a business plan and its importance
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Try related past year questions here
Define business plan (2 marks)
Identify and explain two ways a business plan might help a new business be successful (6 marks)
Outline two reason why a bank wants a business plan to give a loan (4 marks)