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Business Plan Expenses

oboloo Glossary

Business Plan Expenses

A business plan’s expenses are an important part of any strategic business plan, forming an integral part of a company’s financial strategy. Business plan expenses refer to the projected costs of goods and services associated with launching and maintaining an operation, such as raw materials, equipment, staff wages and legal fees. These costs should be carefully tracked over time, in order to ensure that the business is staying in line with its budget—and reaching all of its intended financial goals. In other words, tracking and managing business plan expenses is key to creating a successful and sustainable enterprise.

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