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Business Opportunities (Business = any organization which produce or…

- - - - review the business plans of other businesses to see where the weaknesses in their business plans are and then try to perfect them.
      - have all he relevant data that would be needed to be put into the business plan such as the budget.
      - analyze the business using SWOT (strengths, weaknesses, opportunities, and threats)
    - - Purpose of Budget*
        
        forecast the outcome of the periods trading
        
        assists control over the businesses findings.
    - - think through the business in a logical and structured way.
      - plotting progress of the business
      - the strategies are carried out to the time that they have been planned for
      - making all the employees aware of the business direction ana what they are working towards
      - important document to have especially with investors
      - links to the different types of budgets