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Why should Mary Ann and Nana create a business plan? Multiple Choice in order to secure a bank loan to provide an overall road map

Why should Mary Ann and Nana create a business plan?
Multiple Choice
in order to secure a bank loan
to provide an overall road map of how to start the business and to notify competitors they will be entering the market
to provide an overall road map of how to start the business and to attract/satisfy investors
to deter competition
to determine the best way to own the business and make efficient production schedules

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