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ACC 557 Week 6 Business Plan Assignment 2 You Are an Entrepreneur

Subject

Accounting

Type

Essay

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Business Plan 1
Running Head: BUSINESS PLAN
ACC 557 Week 6 Assignment 2 You Are an
Entrepreneur
Business Plan

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Business Plan 2
Table of Contents

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Business Plan 3
Introduction
Background of the Research Paper:
In today’s more challenging and competitive business era, each and every business
organization use different kinds of business plan in order to increase the organizational
productivity, profitability, market share and to achieve competitive advantages. In the same
manner, a business plan is key success factor in the organizational growth. Moreover, it should
also be noted down that, an effective business plan reflects organizational strategic vision,
mission, goals and long term objectives (Pinson, 2008).
Moreover, specific business plans are also created and developed by the entrepreneur in
order to achieve entrepreneurial goals in an effective and more comprehensive manner. In the
same manner, a clear business plan provides effective guidelines for building a successful
enterprise focused on achieving certain goals within defined periods. On the other hand, a
business plan is prepared by the entrepreneurs for the different purpose so that the desired
objective can be achieved within the pre-determined time period effectively and efficiently (Lee,
2011).
Aims and Objectives:
Each and every research paper or study has own aims and objectives. In this way, this
research paper is also characterized with different innovative and effective objectives. The
objectives associated with this research paper will be fulfilled during the study of this research
study. The main aim of this research study is “to evaluate and identify the importance and role of
business plan in the growth and success of a business firm: In the Context of entrepreneurship.
On the other hand, in this research paper, a business unit will be selected and associated products

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