Business Plan

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Before starting a business, the entrepreneur must create a business plan that indicates how the business is to be run, its future projections, anticipated challenges, and how to manage these challenges. The business plan is usually printed on a document…

Entrepreneurship, Startup, and Role of Government

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The person who chooses to take a risk to start a new business venture is called an entrepreneur. Apart from risking his/her capital and finances from investors, there is also the opportunity cost of foregoing salaried employment for self-employment. The…