Which of the following is an advantage of the business plan for financial sources?
A) The plan identifies critical risks.
B) The plan helps assess the entrepreneur's market niche.
C) The plan identifies sources of capital.
D) The plan helps investors learn about the future fixed and variable costs.
Correct Answer:
Verified
Q28: The pro forma balance sheet is used
Q29: Competitive analysis, advertising plan, and pricing policy
Q30: An indicator of the planning pitfall of
Q31: The executive summary gives a brief overview
Q32: The major purpose of a business plan
Q34: Copying the latest social media craze is
Q35: The financial segment includes the
A)pro forma balance
Q36: The entrepreneur must be
A)able to handle questions
Q37: Sometimes a business plan is referred to
Q38: A common mistake in business planning is
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