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Your business plan and business profile is the roadmap that you will follow not only in the beginning of your company, but throughout your time in business. If you’re thinking about setting up your own company, getting your business plan right is crucial. COGS should only include those costs directly related to making your products, not regular business expenses such as rent, insurance, salaries, etc. Positioning involves ascertaining how a product, service or company is perceived in the minds of consumers.
A business’ start up business plan should be a valuable document in managing the small business. List down all …