ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The business philosophy describes the business’s education, training, strengths, weaknesses and personal development.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -A business plan should describe every aspect of your business, from the product or service you offer to your finances, management, and marketing plans. It’s designed to tell your stakeholders-potential lenders, investors, and suppliers, for example-the goals of your business and how you plan to achieve them.
Detailed explanation-2: -What is the purpose of a Business Plan? ✓ The purpose of a Business Plan is to identify, describe and analyze a business opportunity and/or a business already under way, examining its technical, economic and financial feasibility.
There is 1 question to complete.