Multiple Choice
Which of the following statements about a business plan is true?
A) It is the entrepreneur's road map for profits.
B) It is the minimum document required by any financial source.
C) It allows the entrepreneur to avoid pitfalls in starting a new venture.
D) It describes the entrepreneur's ideas and thoughts.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: An indicator of the planning pitfall of
Q15: A business plan _ potential financial backers.<br>A)indicates
Q16: An indicator of the planning pitfall of
Q17: The completed business plan provides the entrepreneur
Q18: The major purpose of a business plan
Q20: There are only two viewpoints from which
Q21: Which of the following statements may be
Q22: A business plan should be no more
Q23: The most common viewpoint in business plans
Q24: Surprisingly, entrepreneurs frequently forget to include _