Which of the following statements is TRUE about the components of a business plan?
A) Potential business owners can use a common template to write a business plan because all plans share the same components.
B) Business plans all have the same key components; however, some may be included in a different order.
C) All business plans discuss the specific product before analyzing how the product fits the market.
D) All business plans are different depending on the business; however, most have a few components in common.
E) All business plans are unique and share no common characteristics or components.

Question

Quizplus · Accepted Answer

While business plans will vary depending on the specific business and industry, there are certain components that are commonly included, such as an executive summary, market analysis, financial projections, and a description of the product or service.

Which of the Following Statements Is TRUE About the Components