Christina's instructor asked each student in her class to develop a hypothetical business plan for a new and unique good, service, or business. Her idea is to start a new online beauty consulting firm. What is the first thing she should do to start this project?
A) write an executive summary for her business
B) create a marketing plan for her business
C) do some online research to see if similar businesses exist
D) talk to owners of similar businesses to make sure her idea is feasible
E) submit her idea to her instructor for approval
Correct Answer:
Verified
Q1: When preparing a business plan, you are
Q2: In a business plan, a business description
Q3: When preparing a business plan, one of
Q4: When preparing a business plan, one of
Q5: Which of the following is the best
Q7: Business plan proposals will be evaluated based
Q8: Joe is creating a business plan for
Q9: Bethany is developing a business proposal for
Q10: Daniel wants to start a new spin
Q11: Which component of the brief marketing plan
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