Connie decides to open "Connie's Corner Caf$"$ and finds the ideal location for her venture. However, it appears that Connie will have to approach investors or bankers for financial backing. When she talks to her local bank manager, Mr$.$ Johnson, he immediately asks for Connie's business plan. Connie is in trouble because she does not know what a business plan looks like.

Which of the following statements is true regarding special$-$purpose plans?