Which of the following statements regarding business or market plan 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 for the length of a business or market plan, the most accurate statement is that the length should reflect the complexity of the product or service. A simple business may only require a 15-page plan, whereas a more complex business may require 35 pages or more. It is important to include all necessary information and financial projections, but the length should not be confined to a specific number of pages.

Which of the Following Statements Regarding Business or Market Plan