INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The primary goals of a business plan are
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To guide entrepreneurs as they launch their businesses
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To help them acquiring the necessary financing to launch
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None of these
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All of these
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Explanation:
Detailed explanation-1: -A business plan is used to help manage an organisation by stating ambitions, how they will be achieved, and exactly when. The plan will also help summarise what the business is about, why it exists, and where it will get to.
Detailed explanation-2: -In summary, a well-written business plan can serve three main purposes: securing funding, guiding operations, and evaluating progress. A business plan can make it easier to achieve its objectives and attract investors or lenders.
Detailed explanation-3: -The four most important sections of a business plan include your unique value proposition, details about your management team, your market analysis and your financial projections.
There is 1 question to complete.