Business plans, reflective placement reports, project proposals and dissertations share many of the features of reports, such as a formal structure divided by headings. However, since they have different purposes to fulfil, there are some differences between these assignment formats and reports. Like other types of reports, business plans have a target audience and purpose; they are persuasive documents, designed to attract investors or collaborators. If you are being asked to write a business plan for an assignment, you need to convince your imaginary (or real) investors that you have a clear, realistic, financially workable idea.
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