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Question:
Research a minimum of four typical business plan models.
In a paper of 1,000 words:
1. Compare and contrast these typical business plan models.
2. Describe the strengths and limitations of these models.
3. Compare these models to the business plan models in either Microsoft Project
Research should be from scholarly, peer-reviewed sources.
Use APA Style
Verified Expert
The paper summarizes the comparison among the fur typical business models like the sole proprietorship, partnership, corporation, and franchise. each of the models has their own strengths and limitations which have been highlighted throughout the paper. on the other hand, these business models have been compared with the Microsoft Project plan in order to evaluate the effectiveness of each of the concerned business models. The franchise is a business model that helps in expansion of the respective business using the brand name of the organization. The paper provides knowledge regarding the strengths and which business model to follow as per the requirement of the business. A sole proprietorship is a dependant on the single person who is known as the director of the entire business and all the profits and losses are retained by him only.
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