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Establish a feasibility study or business model canvas

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Reference no: EM132223516

1). Shawn is creating a business that provides advertising on public restroom stall doors. He is funding the project from his personal savings of $5,000 and does not expect to use any outside financing. Should he develop a business plan? Why or why not?

2). Why a prospective business founder might want to establish a feasibility study or Business Model Canvas before developing a complete business plan.

3). How can spending time researching and writing a business plan save an entrepreneur time and money in the short run and long run?

4). Explain why the executive summary is the most important section of any business plan.

Reference no: EM132223516

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