State how the essentials components of a business plan and financial statements aid in a company’s...

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Accounting

State how the essentials components of a business plan andfinancial statements aid in a company’s success.
Explain why you believe a company will be more successful ifthey complete a business plan.

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The various components of a business plan aid in a companys success in the following manner Executive Summary It is the summarized version of the entire business plan It focuses on the objectives of the business and the needs that are to be fulfilled It even covers important aspects of the other components of the business plan Description of the Company This describes the mission statement of the organization its activities the business model used by the organization area where the organization is situated the promoters and owners of the business the type of legal entity and the date when the See Answer

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