If an entrepreneur has a good enough product or service to sell, a business plan is not really necessary since the product or service will sell itself.

Question

Quizplus · Accepted Answer

Even if an entrepreneur has a great product or service, a business plan is still necessary to provide a roadmap for the business's success. A business plan includes a marketing strategy, financial projections, and operational plans, which are essential to ensure the business's sustainability and profitability. Without a business plan, an entrepreneur risks making costly mistakes and missing out on potential opportunities.

If an Entrepreneur Has a Good Enough Product or Service