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Entrepreneurship and Business Planning.

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    • Abstract:
      This article looks at the multifaceted relationships between entrepreneurship and business planning, and it considers the causes and effects of entrepreneurship in new and preexisting businesses. As a strategic management tool, business planning is seen as one of the activities undertaken in the entrepreneurial process. Types of plans and aspects of business planning are also discussed, along with several contradictory schools of thought on the factors that determine entrepreneurship, the outcomes of planning, and information analysis.