Which of the following is true?
A) A business plan is often prepared by an existing company to ensure that growth is properly managed.
B) A business plan is often required in order to get financing.
C) If a business plan is completed for a start-up, it will help the entrepreneur avoid costly mistakes.
D) All of the above.
Correct Answer:
Verified
Q6: The mission statement is a concise, well-defined
Q7: National trends do not have an impact
Q8: The single most important demographic trend in
Q9: Local trends do not have an impact
Q10: A comprehensive document that helps the entrepreneur
Q12: Business plans for start-ups and existing businesses
Q13: A two-page overview of the most important
Q14: Which of the following is included in
Q15: A concise, well-defined explanation of the purpose
Q16: Many experts suggest that the mission statement
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