Which of the following statements about the preparation of a business plan is/are not true?
A) Grammatical and spelling errors in a business plan don't really count since potential lenders and investors judge the quality of a plan by its content.
B) The business plan should be "crisp," long enough to say what it should but not so long that it is a chore to read.
C) Always include cash flow projections for the venture, in addition to projected income statements and balance sheets.
D) Always tell the truth.

Question

Quizplus · Accepted Answer

Grammatical and spelling errors in a business plan can reflect poorly on the professionalism and attention to detail of the person preparing the plan, which can negatively impact the evaluation of the plan by potential lenders and investors.

Which of the Following Statements About the Preparation of a Business