What do you call a written document that outlines a businesss objectives and the strategy and tactics that it will use to achieve those objectives over anywhere from a three to five year period of time.

BUSINESS PLAN DEVELOPMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

What do you call a written document that outlines a business’s objectives and the strategy and tactics that it will use to achieve those objectives over anywhere from a three to five year period of time.

A	A business plan
B	A medium term plan
C	A strategic plan
D	An SBA certified business plan

Explanation:

Detailed explanation-1: -A business plan is a document that communicates a company’s goals and ambitions, along with the timeline, finances, and methods needed to achieve them. Additionally, it may include a mission statement and details about the specific products or services offered.

Detailed explanation-2: -A business plan is a document that defines in detail a company’s objectives and how it plans to achieve its goals.

Detailed explanation-3: -A business plan is a written document that describes in detail how a business is going to achieve its goals from a marketing, financial and operational viewpoint. You should plan your business carefully before you start up.

Detailed explanation-4: -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.

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ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

BUSINESS PLAN DEVELOPMENT