When you start a business, it is crucial to have a business plan, and that business plan is not merely a document prepared for investors or lenders. It is a guide on how you’d conduct business operations, shape and manage the everyday aspects of business. A plan is one of the most important management tools because while a plan is enacted, businesses start to look into and understand every aspect of running and organizing it. Generally, the key areas of business administration lie in strategy, human resources, technology and operations,…
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