What is a comprehensive written overview of a business's current state and future plans known as?

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A comprehensive written overview of a business's current state and future plans is referred to as a business plan. This document serves several crucial purposes, including outlining the business's objectives, strategies for achieving those objectives, financial projections, target market information, and operational plans. A business plan provides a roadmap for the company's growth and development, making it an essential tool for entrepreneurs seeking funding or guiding the direction of their business.

The business plan includes both the current situation of the business and a detailed look at where the business intends to go over time, thereby highlighting its viability and strategy. While a business strategy focuses more narrowly on the methods to achieve specific goals, and an operational plan outlines the day-to-day operations that support the business objectives, the business plan encompasses a wider scope, integrating all these elements into a cohesive document.

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