Lamont Wants to Improve His Chances to Be a Successful

Multiple Choice

Lamont wants to improve his chances to be a successful entrepreneur and so he has written a business plan.One advantage of developing this plan is that it:

A) will enable him to switch from a sole proprietorship to a corporation without any further paperwork.
B) meets federal reporting requirements of Revenue Canada.
C) forces Lamont to think carefully about all aspects of his planned business.
D) ensures financing will be available from the venture capitalists.