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What is the difference between a business plan compared to a business proposal?

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What is the difference between a business plan compared to a business proposal?

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A business plan is a document that specifies what you plan to do with your business, including product descriptions, research into the market, possible delivery methods, obstacles, and ways to succeed. Business plans should discuss potential problems with your business over several years. Business proposals discuss services of your business and communicate what product or service you provide.

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