Business venture must develop a comprehensive business plan

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A new business venture must develop a comprehensive business plan to borrow money to get started. Companies such as FedEx and Nike say they did not follow the original plan closely. Does that mean that developing the plan was a waste of time for these eventually successful companies? Why or why not?

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Reference no: EM131594058

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Business venture must develop a comprehensive business plan : A new business venture must develop a comprehensive business plan to borrow money to get started.

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