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A detailed description of a new or existing business, including the company’s product or service, marketing plan, financial statements and projections and management principles, require a plan to be implemented. As part of any good business plan, you need to include financial projections for the business that provide a forecast for the next three to five years. If you’re running a business that you plan to maintain ownership of indefinitely, and you’re not seeking angel investment or VC funding, you can skip the exit strategy section.
Lean Canvas is a 1-page business plan template created by Ash Maurya that helps …