Question: 1.2 Define a business plan and explain any five items that a business plan aimed at obtaining a loan from a financial institution should focus

1.2 Define a business plan and explain any five items that a business plan aimed at obtaining a loan from a financial institution should focus on. (15)

1.3 New products can be easily copied and entrepreneurs have to safeguard against that, advise entrepreneurs about any five legal forms of protection that can use to protect any newly invented initiatives. (10)

1.4 Concisely deliberate on the challenges facing entrepreneurs and SMEs in Namibia. (10)

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