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A Business Plan Should Contain Certain Basic Elements, but It

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A business plan should contain certain basic elements, but it should also be tailored to the individual company by emphasizing its particular personality and reflecting the entrepreneur's excitement for the business opportunity.


Definitions:

Gross Sales

The total revenue generated from all sales activity before any deductions are made for returns, allowances, or discounts.

Coupons

Certificates or electronic codes that offer a discount on the purchase price of goods or services.

F-distribution

A probability distribution used in analysis of variance (ANOVA), important for comparing variances between groups.

Degrees Of Freedom

The total number of autonomous values or numbers that can be ascribed to a statistical distribution.

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