Business plans don’t replace doing business. Your business exists once you have your first client who pays the first check. Business plan competition first started in the early 1980’s at the University of Texas. Two Texas MBA students wanted to have a business school activity that was as challenging a million prestigious as law school Moot Court competitions. Business plans written at business unit or departmental level do not generally include financial data outside the department concerned. Most business plans are in a control sales plans or marketing plans or departmental plans, which form the main bias of this guide.

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