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Why does an entrepreneur need to write a business plan

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Reference no: EM13915868

1. What purpose do proposals serve?

2. Who uses requests for proposals (RFPs), and why?

3. What are the six principal components of an informal letter proposal?

4. Why is the budget section in a proposal particularly important?

5. Why does an entrepreneur need to write a business plan?

6. Name eight components of typical business plans.

7. What should a business plan mission statement include, and how long should it be?

8. Why are formal reports written in business? Give an original example of a business-related formal report.

9. What is a letter or memorandum of transmittal?

10. How long should a typical executive summary be?

11. Name the steps necessary to write an executive summary in a formal business report.

12. What should be included in the introduction to a formal business report?

13. What should the writer strive to do in the body of a formal business report?

14. Why must writers list their sources and identify them in the text?

15. In your view, what are six of the most important tips for the writer of a formal report? Explain each of your choices.

Reference no: EM13915868

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