What is the purpose of a business plan, Business Management

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What is the purpose of a business plan

Problem 1:

i. What is the difference between Functional and Non-Functional Requirements? Explain, giving examples.

ii. What is a Franchise?

iii. What is the purpose of a Business Plan? Outline the elements of the One-Page Plan.

iv. What is a Pitch Deck?

v. Define the following terms:

a) Sole Proprietorship

b) Solopreneur

c) Joint Venture

Problem 2: Discuss the different steps for identifying the Target Market and Customers.

Problem 3: Describe the various parts of financial projections.

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