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RootShell Reviewed by RootShell on . Create a Business Plan you must do the prep work.. Let?s start with the name of your business Write a very brief statement that tells what kind of business you are in. Create a ?Statement of Purpose? for your business. Some people call this section a ?Mission Statement.? Think of it as an explanation of what your business is, what it does, and any features or assets that make your business special or unique (i.e., stand out from the crowd). Rating: 5