The real value in preparing a business plan is:
A)in attracting experienced management talent to help grow the business.
B)in the creative process the entrepreneur has to go through.
C)in identifying viable funding sources while "fleshing out" the business concept.
D)None of these

Question

Quizplus · Accepted Answer

The real value in preparing a business plan lies in the creative process the entrepreneur undergoes, which helps in clarifying the business concept, setting goals, and identifying potential challenges and opportunities.

The Real Value in Preparing a Business Plan Is