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Q.1. Prepare a business plan for any business of your choice.

Q: 2: A group of 18 year old’s ask you, a bank manager, for a £7000 loan to start a car wash business. They have found a space for reasonable rent of £500/ month. They hope to be in profit after a year.

1. What information would you expect to see in their business plan?

2. Why are good business plans important?

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