ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
It is not a good idea to use print resources when writing your business plan because they are usually out of date.
|
|
True
|
|
|
False
|
|
|
Either A or B
|
|
|
None of the above
|
Explanation:
Detailed explanation-1: -Government agencies in the position to approve or deny important permits or zoning might require a business plan for their review. But as long as the business doesn’t involve anyone else’s money or approval, you can avoid a formal plan.
Detailed explanation-2: -The primary purpose of a business plan is to establish your plans for the future. These plans should include goals or milestones alongside detailed steps of how your company will reach each step. The process of creating a roadmap to your goals will help you determine your business focus and pursue growth.
There is 1 question to complete.