I Need Assistance On How To Approach The Following Situation Scenario 1 Shawn Is

I Need assistance on how to approach the following situation/scenario:
1). Shawn is creating a
business that provides advertising on public restroom stall doors. He is funding the project from his personal savings of $5,000 and does not expect to use any outside financing. Should he develop a business plan? Why or why not?
2). why a prospective business founder might want to establish a feasibility study or Business Model Canvas before developing a complete business plan.
3). How can spending time researching and writing a business plan save an entrepreneur time and money in the short run and long run?
4). Explain why the executive summary is the most important section of any business plan.
 
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