ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Document describing a business; used to test feasibility, raise capital, & serve as a road map for future operations
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Profit-and-Loss Statement
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Business Plan
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Financial document that shows sales revenues, expenses, and net profit or loss.
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The point at which sales and costs are equal and a business is neither making nor losing money
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Explanation:
Detailed explanation-1: -Business plans help you run your business A good business plan guides you through each stage of starting and managing your business. You’ll use your business plan as a roadmap for how to structure, run, and grow your new business.
Detailed explanation-2: -A business plan is an essential written document that provides a description and overview of your company’s future. All businesses should have a business plan. The plan should explain your business strategy and your key goals to get from where you are now to where you want to be in the future.
There is 1 question to complete.