When starting a business you should first ________.
A)write a business plan
B)borrow from creditors
C)purchase inventory
D)become incorporated

Question

Quizplus · Accepted Answer

Writing a business plan is the first step in starting any business. It helps you clarify your business idea, target market, competition, marketing strategies, financial projections, and overall business goals. This will help you make informed decisions and increase your chances of success. Borrowing from creditors, purchasing inventory, or becoming incorporated are all secondary steps that should only be taken after you have a clear business plan in place.

When Starting a Business You Should First ________