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Identifying strength and weakness-if the workers lack necessary skill the business need to train them
Is required by financiers-bank may require business plan before accepting to finance
Allocation of resources-it is a guide for proper distribution of available resources
Motivating factor-communicates the objective of the business to all employee
Adaptability-a good business plan provides room to accommodate any unforeseen
johnmulu answered the question on October 21, 2017 at 11:41
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