ENTREPRENEURSHIP

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INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The ____ states, “The development of a comprehensive business plan shows whether or not a business has the potential to make a profit.”
A
Service Corps of Retired Executives (SCORE)
B
Small Business Administration
C
US Bureau of Labor
D
Trade Association
Explanation: 

Detailed explanation-1: -Good business plans should include an executive summary and sections on products and services, marketing strategy and analysis, financial planning, and a budget.

Detailed explanation-2: -An executive summary of a business plan is an overview. Its purpose is to summarize the key points of a document for its readers, saving them time and preparing them for the upcoming content. This is why the executive summary is often called the most important part of the business plan.

Detailed explanation-3: -Business description The next part of a business plan is the business description. This component provides a comprehensive description of your business and its goals, products, services and target customer base.

Detailed explanation-4: -The executive summary for a business plan should include: Your business name and location. Products and/or services offered.

There is 1 question to complete.
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