Which of the following statements regarding business or market plan page length is most accurate?
A)As a quick rule of thumb,there should be one page for every $10,000 required in the projected budget.
B)The length of a business plan should never be less than 30 pages or greater than 35 pages in length.
C)The length of the body of the plan should be between 15 and 30 pages including financial projections and appendixes.
D)For every page in the body of the work,there should be at least one additional page in the appendix to complement it.
E)Although general guidelines suggest a length of 15 to 35 pages,the length of the plan should reflect the complexity of the product or service.

Question

Quizplus · Accepted Answer

While there are general guidelines regarding the length of a business or market plan, the most accurate statement is that the length of the plan should reflect the complexity of the product or service being offered. Therefore, option E is the correct choice. Option A is too generic and may not apply to all businesses, while option B and option D provide specific page limits which may not suit all types of businesses. Option C provides a narrow range of acceptable page length without taking into account the unique needs of each business.

Which of the Following Statements Regarding Business or Market Plan