INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Business Plan
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Blueprint
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Venture
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Opportunity
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Detailed explanation-1: -Develop a Business Plan. A detailed proposal that describes a new business. Presented to potential investors and lenders. Most business plans are 30 pages or more. Purposes of a business plan.
Detailed explanation-2: -A business plan is a fundamental document that any new business should have in place prior to beginning operations. Indeed, banks and venture capital firms often require a viable business plan before considering whether they’ll provide capital to new businesses.
Detailed explanation-3: -The primary function for a proposal is to solicit or grow a business opportunity. You can look a business plan as more of an internal document. A proposal on the other hand is an external document used for presenting or selling the business to an external player.