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7 July, 23:50

What is one purpose of writing a business plan before entering the market?

1/to prove that the new company will be successful

2/to show that the enterprise is realistically based

3/to have a useful tool when applying for funding

4/to differentiate the new company from the competition

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  1. 7 July, 23:53
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    One purpose of writing a business plan before entering the market is to differentiate the new company from the competition. The best strategy to face a perfect competition market is to add more value to your business. You can add more value to your business by differentiating the company from the competition.
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