ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Writing a business plan can force entrepreneurs to think about their goals.
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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: -Writing a business plan can force entrepreneurs to think about their short, medium, and long term goals. Copies of resumes help show that owners are qualified to manage a business. The financial section of your business plan should state how much money you need to borrow and how much you are investing in the business.
Detailed explanation-2: -A business plan helps your team and investors understand your vision for the company. Your plan will outline your goals and can help your team make decisions or take action on your behalf. Share your business plan with employees to align your full staff toward a collective goal or objective for the company.
There is 1 question to complete.